Yesterday, in a ten-minute televised speech, the Governor of Puerto Rico said the commonwealth will default on a $422 million bond payment. Alejandro García Padilla said "essential services" for 3.5 million people had to come first. Michelle Kaske covers Puerto Rico for Bloomberg News.
Puerto Rico's Debt Crisis Grows Larger
Credits
Guest:
Michelle Kaske - Bloomberg News -
@MichelleKaske
Host:
Warren Olney
Producers:
Christine Detz,
Paul von Zielbauer,
Evan George
