Subscribe
Economy

House panel advances bill to restructure Puerto Rico debt

By Susan Ferrechio
Published
Add Washington Examiner on Google
House panel advances bill to restructure Puerto Rico debt

A House panel advanced a bill on Wednesday that would appoint a control board to oversee the restructuring of Puerto Rico’s $72 billion debt, which has crippled the territory and led to some calls for a more direct bailout of the island’s finances.

The House Natural Resources Committee voted 29-10 to approve the bill, which followed weeks of bipartisan negotiations and talks with the White House.

Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.

Tag:

Congress House of Representatives Puerto Rico Susan Ferrechio