Puerto Rico bankruptcy plea raises Democrat argument on spending bill in Congress

Puerto Rico, an island U.S. territory facing a sea of red ink, has become an unlikely flashpoint in Congress‘ end-of-year scramble to fund the government for fiscal year 2016.

Democrats fumed Thursday, saying it is unconscionable that Congress failed to include language in the year-end spending bill allowing Puerto Rico to declare bankruptcy and restructure its debt.

By Tom Howell Jr

Puerto Rico bankruptcy plea raises Democrat argument on spending bill in Congress

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