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.
The group predicts that national debt would grow by $11.5 trillion over a decade under Trump
Trump responds to Democratic counterpart’s attack on his economic proposals and explains why he really is the “king of debt”
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.
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…
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.
Presumptive Republican presidential nominee Donald Trump praised rival-turned-ally Chris Christie during a Thursday night fundraiser that the real estate mogul claimed had paid off the New Jersey governor’s 2016 campaign debt.