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Senate Set to Start Voting on Puerto Rico Rescue Package

June 29, 2016

Via: Fortune
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The Senate is set to begin voting on a rescue package for debt-stricken Puerto Rico, just two days before the island is expected to default on a $2 billion debt payment.

The White House-backed measure faced some opposition from both Republicans and Democrats, but party leaders endorsed it and promised to complete it before the July 1 deadline.

“Failure is really not an option,” Majority Leader Mitch McConnell, R-Ky., told reporters after meeting with his GOP caucus Tuesday.

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