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Archive for June 13th, 2016

Puerto Rico Debt Bailout Bill Advances in Congress

Monday June 13th, 2016   •   Posted by Craig Eyermann at 6:33am PDT   •   0 Comments

A bill that would allow the U.S. territorial government of Puerto Rico to restructure its debts has passed in the U.S. House of Representatives, where it now needs Senate and Presidential approval to become law. The Wall Street Journal describes the main goals of the bill that passed in the House with bipartisan majorities….
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