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Treasury Secretary heads to Puerto Rico to pressure Congress

Treasury Secretary heads to Puerto Rico to pressure Congress

WASHINGTON (AP) — Treasury Secretary Jacob Lew is calling attention to the effect Puerto Rico's $70 billion debt crisis is having on the millions of Americans who live there and on Congress' struggle to come up with a solution. Lew is making a one-day trip to Puerto Rico on Monday, part of the Obama administration's campaign to pressure Congress to act. House Republicans are expected to announce new legislation this week to create a control board to help manage the U.S. territory's debt

WASHINGTON (AP) — Treasury Secretary Jacob Lew is calling attention to the effect Puerto Rico's $70 billion debt crisis is having on the millions of Americans who live there and on Congress' struggle to come up with a solution. Lew is making a one-day trip to Puerto Rico on Monday, part of the Obama administration's campaign to pressure Congress to act. House Republicans are expected to announce new legislation this week to create a control board to help manage the U.S. territory's debt and ove…

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