Puerto Rico denies stalling on bills amid bankruptcy debates

CongressSAN JUAN, Puerto Rico (AP) — Puerto Rico officials deny they are stalling on legislation they pledged to approve to help reverse an economic crisis as federal debates loom on whether to allow the U.S. territory access to bankruptcy.

The island’s government was expected to have already approved a bill that would create a fiscal control board and another that would launch the restructuring of the heavily indebted public power company.

The governor is scheduled to return Tuesday afternoon from an official visit to Washington D.C. and share details of his trip. It comes just days after the U.S. Supreme Court announced it would hear an appeal on a ruling that barred Puerto Rico from allowing municipalities to declare bankruptcy.

U.S. Congress also could decide on Friday whether to grant Puerto Rico access to Chapter 9.

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