A way out for Puerto Rico

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This is an opinion item.

Author(s) The Washington Post editorial board
Source The Washington Post
Date February 5, 2016
URL https://www.washingtonpost.com/opinions/a-way-out-for-puerto-rico/2016/02/05/cd55078c-cc45-11e5-a7b2-5a2f824b02c9_story.html
Quote
Quotes-start.png Still, we see no alternative to a robust supervisory authority as part of the ultimate Puerto Rico solution. As D.C.’s experience proves, such an authority is necessary not only financially but politically, because Congress — especially a Republican Congress — will not help without plausible, institutional guarantees that any rescue is a one-time occurrence. Quotes-end.png


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This item argues for the position Puerto Rico should be allowed to declare bankruptcy on the topic Puerto Rican government-debt crisis.


This item argues for the position Puerto Rico should be managed by a financial control board on the topic Puerto Rican government-debt crisis.