Change the law to allow Puerto Rico to restructure its debt through U.S. Bankruptcy Law.
Why is this important?
Because of various tax breaks the U.S. Congress placed on Puerto Rico, the U.S. Territory is $72 billion in debt. It falls to us to help. A bailout would hurt the pockets of the U.S. taxpayers, so allowing complete bankruptcy would be the cleanest solution to the problem, granting the U.S. citizens of Puerto Rico their best chance at a financially prosperous future.
