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Puerto Rico Struggles With Debt Crisis
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Puerto Rico has about $87 billion of debt — that's about $23,000 for every resident.
The island nation is a U.S. territory, but it can't declare bankruptcy.
Puerto Rican politicians are looking to raise taxes and cut pension obligations.
Guest:
- Marty Schenker, executive editor at Bloomberg News. He tweets @mschenker.
This segment aired on October 18, 2013.