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Puerto Rico's Debt Crisis Is Big Business for Washington Lobbyists

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Is Puerto Rico America's Greece?

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That ugly B word, bailout, has come to dominate debate in Washington about Puerto Rico’s debt crisis.

One side argues that passing a bill allowing Puerto Rican government agencies to restructure their debts will stave off an eventual bailout of the whole island. The other side says that’s all wrong: The very act of approving the legislation will constitute a bailout.