Some hedge fund managers are trying to affect the outcome of Puerto Rico’s debt crisis to pad profits rather than accept losses from investment miscalculations, U.S. House Democrats said in a policy paper. It is “unjust and unrealistic” to demand full repayment on investments that were known to be risky, said the study, which criticized the funds’ opposition to legislation proposed in Congress that would let Puerto Rican agencies seek Chapter 9 bankruptcy protection. “They are now pushing teacher layoffs, pension cuts, and other quality-of-life reductions for Puerto Ricans as the ‘solution’ to the crisis in a self-serving attempt to enlarge their profits,” according to the report. The paper, titled “Profit At Any Cost” and prepared by the Democratic staff of the House Natural Resources Committee, was released Friday. Lawmakers return today from their summer recess. Republicans, who lead both chambers of Congress, have signaled little urgency in aiding Puerto Rico. Delays in the island’s development of a financial restructuring plan make it tougher to advance a Chapter 9 bill, Representative Tom Marino, a Pennsylvania Republican and chairman of a House Judiciary panel overseeing bankruptcy legislation, said earlier last week. Junk-rated Puerto Rico and its agencies have piled up $72 billion in debt, more than any state except California and New York, as the government borrowed to paper over budget deficits. Puerto Rico defaulted for the first time in August when it paid just $628,000 of $58 million due from one of its agencies.