US House approves $4.7 billion disaster aid, tax breaks for Puerto Rico


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US House approves $4.7 billion disaster aid, tax breaks for Puerto Rico

The United States-controlled Caribbean island city of Puerto Rico, which had yet to recover from a series of severe earthquakes last month including one having a magnitude of 6.4 in the Richter scale that took place on January 7th and wrecked havocs on the island city, would receive a lump-sum of $4.7 billion in new fiscal aid according to a legislation passed in the US House of Representative on Friday, the 7th of February 2020.

Aside from that, the US House of Representative, which the Democratic lawmakers were controlling since the US mid-term election, voted 237 to 161 to approve the monetary aid for the island city of Puerto Rico, while Friday’s (February 7th) bill had also contained a tax break for the bankrupted Caribbean island alongside its 3.2 million residents.

Nonetheless, after the legislation had been passed in the US House of Representatives, a Democratic lawmaker was quoted saying it remained still unclear on whether the Republican-led Senate would contemplate the measure.

Meanwhile, as the Caribbean island had still been bearing the burnt of a sequel of severe hurricanes that made apocalyptic landfalls back in the 2017s, House Appropriation Committee Chairwoman, Nita Lowey was quoted saying during Friday’s (February 7th) House debate regarding the bill, “President Trump has turned his back on the island. This Congress must not do the same. ”