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Reply to "Puerto Rico -- Another Victim of Democrat Reign Goes To Ruin"

My understanding is that the bill in congress provides for a financial control board and restructuring the debt, not canceling it -- no federal bailout.  Dems are hesitant because of the board that usurps the present government (same thing done in DC).  The bill sounds reasonable.

I invest in some munis and state bonds for their tax free status.  However, I never buy any from a government run by Democrats. 


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