Government Debt

Puerto Rico Debt-Relief Bill Passes Senate
www.wsj.com

Senate approval of debt-relief legislation for Puerto Rico paved the way for President Barack Obama to sign the bipartisan bill into law before Friday, when Puerto Rico says it will default on some senior debt payments.

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Puerto Rico Relief Measure Clears Senate, Goes to Obama
www.nytimes.com

The Senate voted for a House bill, backed by the Obama administration, to create a control board and help the island restructure its $72 billion debt.

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Budget group: Debt jumps under Donald Trump, remains steady under Hillary Clinton
feeds.cbsnews.com

The group predicts that national debt would grow by $11.5 trillion over a decade under Trump

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"Trump recession"? Presumptive GOP nominee fires back at Clinton
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Trump responds to Democratic counterpart’s attack on his economic proposals and explains why he really is the “king of debt”

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Supreme Court Rejects Puerto Rico Debt-Restructuring Law
www.wsj.com

The Supreme Court struck down Puerto Rico’s effort to restructure its public utility debts, ruling Congress had precluded the territory from enacting its own bankruptcy legislation.

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Hillary Slams Trump on Bankruptcies, Including Casinos
www.newsmax.com

Hillary Clinton ripped Donald Trump Monday for his four business bankruptcies, including his failed casinos. What little we know of his economic policies would be running up our debt, starting trade wars, letting Wall Street run wild, all of that could cause another crash…

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Deal Reached on Puerto Rico Restructuring Bill
www.wsj.com

House Speaker Paul Ryan capped weeks of delicate negotiations by agreeing with the White House and congressional Democrats on a deal to allow Puerto Rico to restructure its $70 billion debt load.

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