Puerto Rico Governor Reiterates Warning of Debt MoratoriumBy
Garcia Padilla blames Congress for ending tax incentives
Debt payments could be halted as soon as May if no action
Puerto Rico Governor Alejandro Garcia Padilla reiterated that his government may stop making payments as soon as in May on $70 billion in debt if U.S. lawmakers fail to assist commonwealth’s efforts to restructure the island’s obligations.
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