News Alert: Congress passes rescue package for Puerto Rico 2 days before default

 
 
 
 
 
 
 
Wednesday June 29, 2016
 
 
Bloomberg via Getty Images
 

The Senate Is About To Anger Vulture Funds And Help Puerto Rico

 

WASHINGTON -- With two days left before Puerto Rico defaults on a sizable portion of a $2 billion debt payment, the Senate on Wednesday passed legislation that will stave off the creditors and hedge funds now circling the island.

 
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