Author

Jesus G. Garcia

Puerto Rico needs aid, not new taxes

Puerto Rico needs aid, not new taxes

Puerto Rico lacks the right to declare bankruptcy for a fair process to restructure its debt. Instead, an undemocratic Control Board stocked with conservative ideologues was created by the U.S. Congress to rule over the island. It is prioritizing the privatization and sale of island assets, decisions that could hobble the island for decades to come.

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