OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Parliamentary Inquiry

Floor Speech

Date: Dec. 18, 2015
Location: Washington, DC
Issues: Foreign Affairs

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Ms. PELOSI. Mr. Speaker, I rise for a parliamentary inquiry.

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Ms. PELOSI. Mr. Speaker, the Commonwealth of Puerto Rico is facing a dire economic crisis, and our fellow Americans who live there need our help.

Just now, I introduced the Puerto Rico Emergency Financial Stability Act, a bill that provides Puerto Rico some critical, temporary breathing room from creditor lawsuits until Congress acts.

Puerto Rico urgently needs this respite while Congress considers restructuring legislation--legislation to provide the 3.5 million U.S. citizens that call Puerto Rico home the tools they need to comprehensively address the territory's unsustainable debt burden.

Mr. Speaker, my parliamentary inquiry is: Is it in order for this bill to be considered and voted on by this House right now by unanimous consent?

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Ms. PELOSI. Mr. Speaker, that only adds to the urgency of our acting by March 31, 2016, as the Speaker indicated. He also indicated that hearings on this important legislation would begin on our first day back.

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