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  • Treasury Secretary hopes to jump-start help for Puerto Rico (Balls in Ryan's court)

    05/09/2016 3:17:20 PM PDT · by Beautiful_Gracious_Skies · 26 replies
    AP ^ | May 9, 2016 | Mary Clare Jalonick
    Treasury Secretary Jacob Lew got a first-hand look at the humanitarian impact of Puerto Rico's $70 billion debt crisis, touring an elementary school struggling with limited electricity and a hospital unable to provide some basic services to infants....... Garcia said that Puerto Rico is not asking for a bailout and has not been offered one...... "If Congress does not act then we will need a bailout, and it will be very expensive to U.S. taxpayers," he said.