Congress must act to give Puerto Rico relief

This is an opinion item.

Author(s)	The Boston Globe editorial board
Source	The Boston Globe
Date	April 26, 2016
URL	https://www.bostonglobe.com/opinion/editorials/2016/04/26/congress-must-act-give-puerto-rico-relief/J3zp7eePDL9Bfl12pSwVIJ/story.html
Quote	PROMESA offers several pragmatic steps to set a path for recovery that should remain in the new version of the bill that emerges from current negotiations. These include: a federal control board to oversee Puerto Rico’s finances, albeit one that recognizes Puerto Rico’s sovereignty in at least some way; and granting the island the tools needed to restructure some of its debt under court supervision.

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

This item argues for the position Puerto Rico should be managed by a financial control board on the topic Puerto Rican government-debt crisis.