House passes Puerto Rico rescue

The House on Thursday passed legislation to tackle Puerto Rico’s debt crisis, as Congress took a large step towards addressing the economic and humanitarian crisis enveloping the island.

The carefully crafted compromise passed 297-127, earning majorities in both parties.

The passage of the carefully crafted compromise is a significant win for Speaker Paul Ryan (R-Wis.), who was an early and active supporter of the legislation, and Minority Leader Nancy Pelosi (D-Calif.) and the White House, which also pushed the package.

In a rare move, both Ryan and Pelosi took to the House floor to urge support for the legislation, shooting for broad bipartisan support to encourage speedy action through the Senate.

6 Comments - what are your thoughts?

  • Bill Blackstone says:

    How about fixing our debt? Do your laundry before your neighbors. This is funny though if you think about it. An administration that has doubled our very own debt in less than 8 years is going to fix someone else’s debt issues. I’m not about to ask my neighbors who are getting their car repossessed about how I can better my portfolio.

  • justinwachin says:

    Why should the taxpayers bail out every irresponsible government? What sort of controls are going to be put in place to prevent this from happening again?

    I’m tired of politicians blowing our money on covering the mistakes of irresponsible politicians. The people of Puerto Rico should have to deal with their government’s irresponsible spending.

  • Rodney Steward says:

    This was the very thing that has been all over the internet to stop, the Super 9 plan to bail out another 3rd world Greedy governor that pi$$ed away everything the country had, like Cuba is run! This governor lived like a king and made sure the Union workers got their pay plus bonuses with money they didn’t have, kinda like us! Buy we must continue to bankrupt America anyway possible! F’K Puerto rico!

  • Sue Lenhart says:

    How soon before American voters in WI can vote Paul Ryan out??? Can we just bring Paul Nehlen in to take his place early???

  • Son Shine says:

    Hey house members, you owe over 19 trillion dollars now. Are all of these countries going to bail us out? If not, don’t help until we help ourselves out of bankruptcy.

  • TexRancher says:

    More American taxpayer money thrown down a rat hole! They won’t learn any fiscal responsibility now that the wimps in Congress willingly bailed them out. Thanks, you gutless wonders!

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