Puerto Rico's Bankruptcy: Better Than a Bailout?
Even Washington's out-of-touch cronies recognize that a simple cash bailout would be too politically toxic. But they've come up with an alternative that may have some appeal but also has very problematic features: bankruptcy. It's not hard to see where ...
Every Senate Democrat Is Pressing McConnell To Help Puerto Rico With Its Debt Crisis
WASHINGTON -- Every single Democrat in the Senate, and the two independents who caucus with them, are urging Senate Majority Leader Mitch McConnell to act quickly to help the island of Puerto Rico restructure its debt. The commonwealth -- home to over 3 ...
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