#AceFinanceNews – PUERTO RICO: Just s few days to go and the ‘ Likely Default ‘ on May.01: of $422-million’ that will plunge them into crisis – @AceFinanceNews

#AceFinanceNews – April.29: Ahead of a one-week recess, House Republicans are showing little urgency to act on a bill to help Puerto Rico deal with its debt crisis as the island hurtles toward a potential default Sunday on a $422 million payment.

They got into this mess over the years. I don’t think we need to add to their bad decisions,” said Representative Raul Labrador of Idaho, a Republican who was born in Puerto Rico. “I think we have to do this bill right.” Labrador is a member of the House Natural Resources Committee ..

Original Article: http://www.bloomberg.com/politics/articles/2016-04-28/puerto-rico-s-likely-default-may-1-not-fazing-house-republicans

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