Puerto Rican Debt Bill Moves Forward As All Sides Compromise

As a Puerto Rican debt bill moves forward in Congress, it not only spotlights bi-partisan cooperation but also requests all sides in the deal share in solving the problem. Solving sovereign debt problems are among the most difficult because the solution – joint sacrifice – requires all involved to accept pain. Thus, when it was announced that a bi-partisan approach to solving Puerto Rico’s sovereign debt problems will but put to a floor vote next week, there were bound to be detractors. Puerto Rican Debt bill moves forward in the U.S. House The legislation crafted last night, the Puerto Rico…