Lew, Lawmakers Intensify Puerto Rico Bill Push After Default
- Last week's missed debt payment adds to urgency of crisis
- Treasury secretary visiting the island for one-day visit
Lew: Urgent Need for Congressional Action on Puerto Rico
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Lawmakers have missed one deadline to prevent Puerto Rico from defaulting on its debt, and they’re trying to figure out how to build support for legislation that could prevent a second missed payment.
Republicans are seeking to produce a revised bill as early as Wednesday, while U.S. Treasury Secretary Jacob J. Lew and the top Democrat on the House Natural Resources Committee are separately visiting the commonwealth Monday to keep up the pressure for Congress to act.