New York and its citizens have been doing a lot to help Puerto Rico recover after Hurricane Maria, from raising money to sending experts and medical professionals. But so far, the state has not been able to help out with one of the territory's biggest problems: its debt load. At one point, President Trump suggested that the federal government would get involved through a bailout or loan forgiveness. That now seems to be off the table, but the situation still raises a lot of questions about the connection between public bonds and private investors. Albany Law School's Christine Chung joins us to discuss more.
Puerto Rico dealing with hurricane recovery and debt crisis
PUBLISHED October 13, 2017 @4:32 PM