Only Congress Can Rescue Puerto Rico

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This is an opinion item.

Author(s) The New York Times editorial board
Source The New York Times
Date April 23, 2016
URL http://www.nytimes.com/2016/04/24/opinion/sunday/only-congress-can-rescue-puerto-rico.html
Quote
Quotes-start.png Done right, legislation that would help Puerto Rico through its financial crisis would not cost the federal government any money. And allowing the island to restructure its debt would not mean that Congress would have to give states like Illinois that also owe a lot of money to investors the ability to do the same. 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.