June 14, 2016 / 3:56 PM / 2 years ago

U.S. Sen. Hatch says will "have to" back Puerto Rico debt bill

WASHINGTON, June 14 (Reuters) - U.S. Senate Finance Committee Chairman Orrin Hatch on Tuesday offered his support for legislation moving through Congress that would help Puerto Rico restructure $70 billion in debt but added that he is considering offering changes to that measure.

Asked by reporters whether he would support a bill approved last week by the House of Representatives that would establish a federal oversight board for the island-territory, Hatch said, “I think I‘m going to have to but I don’t think it’s the solution.”

Reporting By Richard Cowan; Editing by Chizu Nomiyama

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