Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Senate To Vote On Puerto Rico Relief Package
Posted
June 30, 2016
Views
63,076
Likes
1,198
Comments
450
Engagement
2.61%
June 30, 2016
63,076
1,198
450
2.61%
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6:29Now PlayingThe Senate is close to voting on a rescue package for Puerto Rico, which is embroiled in a debt crisis. It would set up a process to repay the debt, as well as a “control board.” Cenk Uygur and John Iadarola (ThinkTank), hosts of The Young Turks, break it down. Tell us what you think in the comment section below.
"Congress edged closer to delivering relief to debt-stricken Puerto Rico as the Senate on Wednesday cleared the way for passage of a last-minute financial rescue package for the territory of 3.5 million Americans.
Puerto Rico is in a decade-long recession and has $70 billion in debt. A $2 billion payment to creditors is due Friday. Thousands have fled the island and moved to the U.S. mainland as businesses have closed, schools have struggled with limited electricity and hospitals have asked for cash payment in advance for some medication.
The White House and Republican and Democratic leaders in Congress have warned that without help from Washington, Puerto Rico will descend into economic chaos, with signs already pointing to a humanitarian crisis.
Senate Majority Leader Mitch McConnell, R-Ky., scheduled a final vote on the legislation for Wednesday evening. Earlier Wednesday, the Senate voted 68-32 to move forward on the bill, paving the way for passage. The House passed the bill earlier this month, so Senate passage would send the bill to President Barack Obama for his signature.”*
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Hosts: Cenk Uygur, John Iadarola
Cast: Cenk Uygur, John Iadarola
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The Largest Online News Show in the World. Hosted by Cenk Uygur and Ana Kasparian. LIVE STREAMING weekdays 68pm ET.
Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. Young person who rebels against authority or societal expectations. (American Heritage Dictionary)
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