Puerto Rico Struggles With Debt Crisis
Puerto Rico has about $87 billion of debt — that’s about $23,000 for every resident.
The island nation is a U.S. territory, but it can’t declare bankruptcy.
Puerto Rican politicians are looking to raise taxes and cut pension obligations.
- Marty Schenker, executive editor at Bloomberg News. He tweets @mschenker.
Copyright 2020 NPR. To see more, visit https://www.npr.org.