×
App Icon
The Standard e-Paper
Join Thousands Daily
★★★★ - on Play Store
Download App

House panel delivers Puerto Rico crisis bill, debt looms

A protester holding a Puerto Rico's flag takes part in a march to improve healthcare benefits in San Juan, Puerto Rico, November 5, 2015.

U.S. lawmakers on Thursday began coalescing around revised bipartisan legislation to help address Puerto Rico's unpayable debt burden that now threatens a full-blown humanitarian crisis.

Released close to midnight on Thursday, the House Natural Resources Committee's revised bill includes a strong oversight board to direct how and when the island pays its bills and leaves many provisions of earlier proposals in place.

Get Full Access for Ksh299/Week.
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in