Hurricane-Torn Puerto Rico Says It Can’t Pay Any of Its Debts for 5 Years

Photo of Hurricane-Torn Puerto Rico Says It Can’t Pay Any of Its Debts for 5 Years
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The island expects its budget to be $2 billion to $3 billion in the red, a deficit that will take five years to shrink.

view The New York Times: US News
#credit and debt
#recession and depression
#puerto ricans
#hurricane maria 2017
#puerto rico
#budgets and budgeting