Puerto Rico's Governor Announces Plan To Reduce $72 Billion Debt

Puerto Rico’s governor has announced a plan to reduce the island’s $72 billion debt and restore fiscal stability through cutting spending and increasing tax collections. But it also depends on help from Washington, D.C., and renegotiating debt terms with lenders. Unless there’s action, Puerto Rico says it will run out of cash by June.

» E-Mail This

Source: NPR Politics
Puerto Rico's Governor Announces Plan To Reduce Billion Debt

Speak!