Things are sizzling on Capitol Hill over Speaker Paul Ryan's attempts to bail out Puerto Rico without calling it a bail out, pushing it through for a vote this week before the Memorial Day recess.
Also, Speaker Ryan's support for the (TPP) Trans Pacific Partnership is raising some hackles among House members and has given his challenger, Paul Nehlen a meaty issue to hammer him on, calling Ryan "Obama's primary enabler in Congress."
And it hasn't helped that IBD headlines an opinion piece: "Congress has helped turn Puerto Rico into a welfare-dependent, high-unemployment basket case."
While the Heritage Foundation takes the position: "Don't be surprised if Puerto Rico’s economic crisis continues to worsen—even if its debt crisis is resolved. Congress aims to give debt-ridden Puerto Rico a free pass as long as Obama wants."
Can Congress do this? Is it Constitutional what they're considering? Puerto Rico Debt Becomes Constitutional Fight on the Right.
We'll discuss this and prior bail out precedents this evening with our Capitol Hill Insider Elizabeth Letchworth Chryst.
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