Posts Tagged: Ed Markey

Senators Introduce Bill to Cancel Puerto Rico’s Debt

On the day set aside to celebrate Puerto Rico’s constitution, a group of U.S. senators introduced a bill to forgive Puerto Rico’s debt. Puerto Rico owes more than $70 billion to creditors. Then Governor Alejandro Garcia Padilla declared the debt “unpayable” in 2015. The PROMESA fiscal oversight board was put in place to help, among… Read more »