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Bankruptcy
The road to the White House may lead through Puerto Rico, but only Congress can pull the island from the economic brink.
Puerto Rico's delegate to the House of Representatives on the case for Chapter 9 bankruptcy protection

All eyes were on Detroit earlier this month as Federal Judge Steven Rhodes ruled that the city could discharge public pensions, along with other debt, as it restructures under Chapter 9 bankruptcy.

While other cities look at the ruling as a viable—though unfortunate—solution for their financial woes, there is one especially troubled economy that will not be able to take advantage of the ruling, or file for bankruptcy at all: Puerto Rico.

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