Puerto Rico Might Start Cutting Pensions To Deal With Debt Crisis

Treasury Secretary Jack Lew said Monday pension cuts are on the table for Puerto Rico to help deal with the debt-ridden island’s fiscal woes. The commonwealth which faces a $70 billion debt burden and recently defaulted on a major payment has been pushing Congress to extend it Chapter 9 bankruptcy rights. Puerto Rico Gov. Alejandro

**Get started with Bitcoin at Coinbase.**