CNN CNN Newsroom Live June 30, 2015 06:37:00
Default as well. >> that's right. the governor is demanding the u.s. government allow the commonwealth bankruptcy. the island owes $73 billion that it cannot pay. >> translator: puerto rico needs and i propose today a complete and comprehensive reinstructing and development plan that is long-term and definitive for the immense problem today we face. not to achieve it. with all the negative consequences which would have implications for each one of us. >> puerto rico faces its first debt hurdle on wednesday. the government-run energy company has a debt payment due then and it's expected to defa...