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

Puerto Rico's Debt Crisis Is Big Business for Washington Lobbyists-bloomberg: 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.