News

House passes bill that helps ease Puerto Rico's debt crisis

Measure heads to Senate
Add KERO as a Google Preferred Source

WASHINGTON (AP) — The House has passed a rescue package to help ease Puerto Rico's financial crisis and bring relief to the U.S. territory of 3.5 million Americans.

The vote Thursday was 297 to 127. The measure now heads to the Senate with just three weeks until Puerto Rico has to make a $2 billion debt payment.

The legislation would create a financial control board and allow restructuring of some of Puerto Rico's $70 billion debt.

In a rare display of bipartisanship, Speaker Paul Ryan, Democratic leader Nancy Pelosi and President Barack Obama backed the legislation.

In a statement hours before the vote, the White House saysfailing to act could result in an "economic and humanitarian crisis."

Ryan says Puerto Ricans are "our fellow Americans" and the bill is the best solution.

Bakersfield, CA

Weather

Daily Forecast

View Hourly Forecast

Day

Conditions

HI / LO

Precip

WednesdayWed

11/04/2026

Partly Cloudy

68° / 50°

1%

ThursdayThu

11/05/2026

Partly Cloudy

71° / 50°

6%

FridayFri

11/06/2026

Sunny

74° / 51°

4%

SaturdaySat

11/07/2026

Sunny

79° / 53°

1%

SundaySun

11/08/2026

Mostly Sunny

78° / 52°

0%

MondayMon

11/09/2026

Partly Cloudy

76° / 51°

0%

TuesdayTue

11/10/2026

Mostly Sunny

75° / 52°

1%

WednesdayWed

11/11/2026

Mostly Sunny

79° / 56°

2%