WASHINGTON — House lawmakers on Wednesday again delayed the release of legislation to help Puerto Rico restructure its $70 billion in debt.
Rep. Rob Bishop (R-Utah), who chairs the House Committee on Natural Resources, had anticipated that the third draft of the bill would be ready Wednesday. But it became clear early in the day that that wasn’t going to happen.
“We are making progress, but we are not there yet,” said Rep. Raul Grijalva (D-Ariz.), Bishop’s ranking member on the committee. “The situation in Puerto Rico is dire, but a bill that doesn’t solve the problem, or doesn’t pass, won’t help anyone.”
The delay comes on the heels of Treasury Secretary Jack Lew’s recent trip to Puerto Rico — an at…
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