To save Puerto Rico from bankruptcy, face the facts

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This is an opinion item.

Author(s) Jorge San Miguel
Source New York Post
Date August 31, 2015
Quotes-start.png P3s offer the government the ability to privatize public assets. This eliminates the day-to-day costs of operation while improving local services and infrastructure. There remain significant opportunities for future P3s that could collectively eliminate up to a quarter of their debt. These include other roads, airports, seaports and utilities. Privatizing just the Puerto Rico Electric Power Authority and the Puerto Rico Aqueduct and Sewer Authority would eliminate $15 billion of government debt alone. Quotes-end.png

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