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US releases Puerto Rico debt crisis report, offers solutions

MAY 10, 2018 | by Danica Coto | THE WASHINGTON POST

By Danica Coto, includes “… The report found that the island’s public finance problems are partly a result of government officials who overestimated revenue, overspent, did not fully address public pension funding shortfalls and borrowed money to balance budgets. … the island’s economy has been further weakened by a loss of population, the high cost of importing goods and energy and “burdensome” regulations and permitting processes for new businesses, the report said.” (Note: sounds familiar)
 

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