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Senate Approves Puerto Rico Debt Bill for Final Vote


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Senate Approves Puerto Rico Debt Bill for Final Vote

Jubilee USA

WASHINGTON - The Senate voted for "cloture" or advanced Puerto Rico debt crisis legislation for a final vote. The Puerto Rico Oversight, Management and Economic Stability Act (PROMESA) will likely face a final vote within 24 hours. If the final legislation passes the Senate, President Obama must sign the legislation before Puerto Rico defaults on July 1st. The motion for cloture passed 68-32.

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