Promesa for Whom?

A fiscal relief package designed to rescue Puerto Rico from default does more for wealthy bondholders than it does for the island’s struggling residents.

by

You can count on the Prospect, can we count on you?

There's no paywall here. Your donations power our newsroom as we report on ideas, politics and power — and what’s really at stake as we navigate another presidential election year. Please, become a member, or make a one-time donation, today. Thank you!