McCarthy ‘Hopeful’ House Will Pass Puerto Rico Bill by July 1By
Majority leader says House will miss May 1 debt payment date
Island could default on $2 billion in July without help
The No. 2 Republican in the U.S. House conceded Tuesday that Congress will miss one deadline for action on a bill to address Puerto Rico’s debt woes, and he didn’t commit to acting before an even more critical July 1 payment the island must make.
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