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puerto rico debt crisis

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May 23

Sanders says Puerto Rican rescue plan would make ‘a terrible situation even worse’

By Ken Thomas, Associated Press

LOS ANGELES — Democratic presidential candidate Bernie Sanders is breaking with the Obama administration and House lawmakers over a plan to restructure Puerto Rico's $70 billion in debt.

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May 19

To save Puerto Rico from drowning in debt, House strikes deal with White House

By Mary Clare Jalonick, Associated Press

House Republicans and Democrats reached a rare, election-year deal with the White House to try to rescue Puerto Rico from $70 billion in debt as millions of Americans in the cash-strapped U.S. territory struggle with the loss of basic services.

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May 16

Bernie Sanders visits Puerto Rico amid debt crisis

By Dánica Coto, Associated Press

SAN JUAN, Puerto Rico — Democratic presidential candidate Bernie Sanders warned of a humanitarian crisis in Puerto Rico Monday, calling on the U.S. government to support a debt restructure in the territory.

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May 14

GOP fails to meet self-imposed deadline on Puerto Rico’s debt

By Michael D. Regan and Mary Clare Jalonick, Associated Press

House Republicans have missed a self-imposed deadline for a plan to help Puerto Rico manage $70 billion in debt.

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Apr 25

Attack ads complicate Congress’ efforts to help Puerto Rico avoid default

By Mary Clare Jalonick, Associated Press

WASHINGTON — Debt-ridden Puerto Rico faces a $422 million bond payment deadline Sunday with no sign Congress will act in time to help.

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Apr 14

Puerto Rico faces defaults as Congress stalls on way to help

By Mary Clare Jalonick, Associated Press

WASHINGTON — Puerto Rico is facing a deadline for a multimillion-dollar bond payment next month as House Republicans struggle to find a way to help the island deal with its $70 billion debt.

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Mar 14

How Puerto Rico’s economic crisis could shape Florida’s primary

By Kenya Downs

With thousands of Puerto Ricans leaving the island for Florida, potential new voters means the U.S. territory's issues can no longer be ignored.

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Jan 19

Here’s what Congress can do about Puerto Rico’s debt

By Mary Clare Jalonick, Associated Press

WASHINGTON — Puerto Rico's $72 billion public debt crisis has forced congressional leaders to pay attention to a U.S. territory that's usually on the sidelines of American politics.

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Aug 22

Watch 9:49
Amid new austerity measures, Puerto Rico pushes to restructure debt

By PBS News Hour

As Puerto Rico continues to struggle under crippling debt, a push within the territory to amend U.S. bankruptcy laws to allow the commonwealth to restructure its debt is underway. Meanwhile, Puerto Ricans are searching for new areas of economic growth…

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Aug 13

Is this 1917 law suffocating Puerto Rico’s economy?

By Chris Bury

The Jones Act, which requires everybody in Puerto Rico to buy goods from an American-made ship with an American crew, limits business owners and jacks up prices.

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