Lawmakers Introduce Bill to Help Puerto Rico's Debt Crisis

Lawmakers Introduce Bill to Help Puerto Rico's Debt CrisisLawmakers have introduced legislation to help Puerto Rico alleviate its massive debt crisis — including allowing employers to pay less than the minimum wage during a specific time period. “We are pleased the bill reintroduced in the House last night includes restructuring tools for Puerto Rico that are comprehensive and workable,” he said in a statement today. Yesterday, lawmakers reintroduced a bill in the House that would let Puerto Rico restructure all of its liabilities and provide no bailouts for any creditors, Lew notes.

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