The plan, much of which would have to be approved by Congress, would give Puerto Rico a way to restructure all of its $72 billion in debt, which it says it cannot hope to repay.
Obama Administration Draws Up Plan to Help Puerto Rico With Debt
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The plan, much of which would have to be approved by Congress, would give Puerto Rico a way to restructure all of its $72 billion in debt, which it says it cannot hope to repay.