Hi there,

Democracy Now! is celebrating 28 years on the air. Since our very first broadcast in 1996, Democracy Now! has been committed to bringing you the stories, voices and perspectives you won't hear anywhere else. In these times of war, climate chaos and elections, our reporting has never been more important. Can you donate $10 to keep us going strong? Today a generous donor will DOUBLE your donation, making it twice as valuable. Democracy Now! doesn't accept advertising income, corporate underwriting or government funding. That means we rely on you to make our work possible—and every dollar counts. Please make your gift now. Thank you so much.
-Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

Puerto Rico to Seek Bankruptcy Protection

HeadlineMay 04, 2017

Puerto Rico filed for a form of bankruptcy protection on Wednesday, seeking to restructure $123 billion in debt and pension obligations, in a move that’s likely to slash money for healthcare, pensions and infrastructure on the island territory. Years of austerity programs aimed at paying back the debt has left Puerto Rico’s official unemployment rate at nearly 12 percent, with nearly half of all Puerto Ricans living in poverty. The U.S. Supreme Court will now designate a bankruptcy judge to handle the case.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top