U.S> territories

GOP

Bipartisan deal in House to help Puerto Rico with $70B debt

WASHINGTON (AP) — In a breakthrough, House Republicans and Democrats have struck a deal with the White House to help rescue Puerto Rico from $70 billion in debt. A revised bill introduced late Wednesday would create a control board to help manage the U.S. territory's financial obligations and

debt

Puerto Rico will default on $37 million in payments owed to creditors

SAN JUAN, Puerto Rico (AP) — Puerto Rico will default on $37 million in payments due to creditors Friday, while it will make $594 million in other payments owed next week, the U.S. commonwealth's governor said Wednesday. Gov. Alejandro Garcia Padilla said that the payments to be made