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Puerto Rico on verge of collapse?

Jan. 18, 2017 3:02 AM ETBy: Yoel Minkoff, SA News Editor23 Comments
  • "If we don't make a dramatic adjustment, there could be a total collapse in upcoming months," said Elias Sanchez, the governor's representative to a federal control board created last year to oversee Puerto Rico's finances.
  • The Secretaries of the U.S. Treasury and Health and Human Services also called for fast congressional action, saying a bipartisan task force report failed to go far enough on recommending a low-income tax credit for the commonwealth.

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