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Puerto Rico Announces Plan To Reduce $72 B Debt

Puerto Rico's governor has announced a plan to reduce the island's $72 billion debt and restore fiscal stability through cutting spending and increasing tax collections. But it also depends on help from Washington, D.C., and renegotiating debt terms with lenders. Unless there's action, Puerto Rico says it will run out of cash by June. More Info: #FullNewsAudioAvailable #NPR


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