Government Debt

Puerto Rico Defaults on Guaranteed Debt
www.wsj.com

Gov. Alejandro García Padilla defended the historic decision by highlighting the island’s tense relationship with Wall Street firms that own its debt.

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Bipartisan Push Shaped Puerto Rico Bill
www.wsj.com

The biggest policy achievement of House Speaker Paul Ryan’s tenure so far sprang from an unexpected place: a bipartisan bid to salvage a debt-laden Puerto Rico.

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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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