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Tuesday, January 19, 2016

Here’s what Congress can do about Puerto Rico’s debt

puerto rico - Bing News
Here’s what Congress can do about Puerto Rico’s debt
WASHINGTON — Puerto Rico’s $72 billion public debt crisis has forced congressional leaders to pay attention to a U.S. territory that’s usually on the sidelines of American politics. The island has been mired in economic stagnation for nearly a decade.
Financial crisis of Puerto Rico creates $70 billion debt – is a bailout coming?
Puerto Rico’s economic collapse is deepening as the island territory’s fiscal situation deteriorates. With its finances in dire straits, the government will fail to make billions of dollars worth of debt payments over the next 10 years. According to an ...

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