ALJAZAM Inside Story June 22, 2024
Welcome to inside story. Im ray suarez. Just today a federal Appeals Court upheld a Lower Court Decision to block porto ricos municipalities from declaring bankruptcy. Theres probably too many for a population of over 3. 5 million. 78 municipalities, some as small as 10 and 15,000. They are traditional units of government. Many older than the u. S. Their inability to get out from under crushing debt may slow down a resizing of the government, rather than bringing the day closer. Robert ray visited the island as the fiscal crisis tightened, and shorter. Reporter its the new fiscal year in porto...