Hillary: Time to Give Debt-Laden Puerto Rico 'A Fair Shot'

On Tuesday Hillary Clinton said Congress should give debt-laden Puerto Rico the ability to file for Chapter 9 bankruptcy, saying the island commonwealth deserves “a fair shot at success.” Late last month, the governor of Puerto Rico said the commonwealth was being crushed by more than $72 billion of public debt. There’s been a congressional push, headed in part by Sen. Chuck Schumer of New York to give Puerto Rico such a right, but so far progress has been slow.

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