Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction:
identify whether following news is true or not

Input:
House committee to hold Puerto Rico hearing Feb. 25;NEW YORK (Reuters) - The U.S. House Committee on Natural Resources is to hold a hearing on Puerto Rico on Feb. 25, it said in a statement, as Congress tries to come up with a solution for the debt-ridden U.S. territory. The oversight hearing will be about the U.S. Treasury’s analysis of the situation in Puerto Rico, the statement said. The island has around $70 billion of debt and has defaulted on some of its borrowings.;February 8, 2016

### Response:
True news

### End