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. READ MORE
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