Despite the setback, some Washington lawmakers are optimistic that the bill to help the fiscally struggling island will eventually receive bipartisan support, albeit not within the time frame for which they were originally aiming.
"We were hoping for May 1," said House Democratic Leader Nancy Pelosi about the target deadline for the Puerto Rico bill. Pelosi, speaking at her weekly news briefing Thursday, noted that with the recent setback, she was unsure if that deadline "was still possible."
May 1 is the next major financial hurdle the commonwealth faces, when a $422 million debt-service payment is due to bondholders of the Government Development Bank, the island's key fiscal agent and lender of last resort. The date falls on a Sunday, so the payment actually will be due May 2.