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Lew: Congress missed 'crucial' chance to help Puerto Rico

US President Barack Obama's administration slams Congress for passing a fiscal 2016 spending bill that lacked assistance to Puerto Rico, as the US territory battles a debt crisisUS President Barack Obama’s administration slammed Congress for passing a fiscal 2016 spending bill Friday that lacked assistance to Puerto Rico, as the US territory battles a debt crisis. “Congress missed a crucial opportunity to provide Puerto Rico with meaningful tools to address its fiscal crisis,” Treasury Secretary Jacob Lew said in a statement. Earlier in December the governor of Puerto Rico, Alejandro Garcia Padilla, asked the US Congress to pass a law that will allow Puerto Rico to declare bankruptcy.

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