WASHINGTON (Reuters) - U.S. Treasury Secretary Jack Lew on Monday called on the Senate to take immediate action this week to address Puerto Rico's $70 billion debt crisis before the critical July 1 deadline for the island territory's next debt payments. "The Senate should take up the matter immediately," Lew said in a letter to Senate Majority Leader Mitch McConnell. "Delay will only jeopardize the ability of Congress to conclude its work before July 1, a critical deadline Puerto Rico's leadership has publicly highlighted for months." If no action is taken, the crisis there will only ratchet higher, he said in the letter. Puerto Rico faces a deadline on Friday to pay off $2 billion of its debts. Senator James Inhofe of Oklahoma, chairman of the Senate Environment and Public Works Committee, said later in a floor speech that the vote would take place on Wednesday. "I really do think that we can go ahead and support the bill," he said. A senior Republican aide could not confirm that a vote would take place on Wednesday. The financially ailing island is staring down $70 billion worth of debt that it says it cannot repay in full, adding to its 45 percent poverty rate and rising emigration to the U.S. mainland that is also cutting into its economic growth. The Republican-led U.S. House of Representatives already passed legislation to address Puerto Rico's debt before leaving Washington for the July 4 holiday break. The Senate is expected to recess at the end of this week. The House bill, a rare piece of bipartisan legislation, would establish a federal oversight board to negotiate various debt restructurings while seeking to institute balanced budgets on the island, a U.S. territory with 3.5 million residents. Lew called on senators to also pass the House measure - the "Puerto Rico Oversight, Management and Economic Stability Act," or PROMESA - this week to get it to President Barack Obama to sign into law before Friday's payment deadline. The Senate, also controlled by Republicans, is expected to debate the measure this week, but Democrats have said they want changes - a move that could complicate its passage. A vote is expected this week. (Reporting by Susan Heavey and Dan Bases, additional reporting by David Morgan; editing by Chizu Nomiyama and Andrew Hay)
Pete Davidson wore a T-shirt with a cryptic message a day after announcing his split from Kim Kardashian
The former "SNL" star was photographed while filming on location in Cairns, Australia, where he appeared to make an interesting fashion statement.
They were together for nine months.
- The Hill
Senate Minority Leader Mitch McConnell (R-Ky.) clinched a victory on Wednesday when the Senate — including 48 of the chamber’s 50 Republicans — voted overwhelmingly to admit Finland and Sweden to NATO. The resolution, which cleared the chamber in a bipartisan 95-1 vote, was a top priority for the Republican leader, who wanted to send a signal…
- The Hill
Sen. Lindsey Graham (R-S.C.) received a warning early Sunday morning to follow the Senate’s decorum rules after he accused Sen. Maggie Hassan (D-N.H.) of being “deceitful” and “dishonest” and vowed “we’re going to call you out.” “This gives phony and cynical a bad name,” Graham exclaimed when Hassan introduced her amendment. Graham’s outburst at Hassan…
- KTLA - Los Angeles
Witnesses looked on with horror after a crash in the Windsor Hills Thursday that was caused by a speeding driver who ran through a red light.
11-year-old who saved up money for a lemonade stand was scammed by a man who gave him fake $100 bill and asked for exact change
Jeremy, who lives in Washington state, used his allowance to set up a lemonade stand but was stiffed by a man using a fake $100.
Queen Elizabeth II Reportedly Begged Prince William To Stop a Hobby That Could ‘Threaten the Line of Succession’
While Queen Elizabeth II is okay with many of Prince William’s hobbies, like motorcycles and sailing, there’s one that she “stays up at night” worrying about. And truthfully, we don’t blame her. It’s reported by Daily Mail that the Queen has repeatedly asked William not to fly helicopters, especially to not pilot them himself in […]
GOP strips insulin out-of-pocket cap from bill: ‘Republicans have just gone on the record in favor of expensive insulin’
The bill retains a $35 per month for out-of-pocket insulin co-pays under Medicare even through the GOP successfully removed the cap for private insurance.
"A kind and generous person, Lynne is always first to offer help to others," neighbors wrote in a GoFundMe for Lynne Mishele, the woman who lost her home in Anne Heche's recent car crash
New video shows a chaotic crash of a stolen rental car involving four teens. Traffic cameras captured police trying to stop the vehicle on 35-E in Little Canada. The car crashes into the median twice and four people come running out and across the busy highway. All four were arrested.
The fast-food chain teased its biggest fans on Twitter, but now it has actually brought back a much-requested item.
- Associated Press
The Tampa Bay Rays already have 15 players on the injured list. Now pitching coach Kyle Snyder might be on the shelf, too. Snyder injured himself walking toward the mound to visit ace Shane McClanahan during the seventh inning of a 9-1 loss to the Detroit Tigers on Saturday.
- E! News
One day after the news broke that Kim Kardashian and Pete Davidson called it quits, the former SNL star was spotted on set in Australia wearing a t-shirt with an interesting message on it.
Elizabeth Banks is turning up the heat this summer with a show-stopping, untouched video of herself living her best life by the pool. On Aug 4, Banks uploaded a cheeky video of herself going from the airport in her casual ensemble to lounging by the pool in a cherry-printed bikini. She posted it with the […]
- Rolling Stone
"If you're going to ask me to have the federal government take over defining marriage, I'm going to say no," the Republican senator said
- Argus Leader
There were also 25 drug arrests on the rally’s first day.
Teresa Giudice tied the knot with Luis "Louie" Ruelas on Saturday at East Brunswick, New Jersey, surrounded by fellow Real Housewives and other celebs
- Good Housekeeping
Elizabeth Hurley took a dip in the ocean wearing a turquoise string bikini in a new Instagram video. The supermodel, 57, struggled to adjust to the cold temps.
The 2020 election conspiracy theorist added that those criminally charged "for things they shouldn't have done" during the Capitol attack are being unfairly treated.
- The Hill
CORRECTION: Seven Democrats voted for the GOP amendment that would extend a cap on the SALT tax deduction. A previous version of this story included incorrect information. Maverick Sen. Kyrsten Sinema (D-Ariz.) on Sunday backed a Republican amendment to shield businesses that rely on capital investment from private equity groups from the 15 percent corporate minimum…