Economy

Puerto Rico Calls On Congress For Help In Billion Dollar Debt Crisis

Puerto Rico has a billion dollars in debt payments due January 1 and the U.S. territory's governor says the island may default. If forced to choose between making debt payments or paying for vital public services, Gov. Alejandro Garcia Padilla says he will choose Puerto Ricans. The heightening crisis has spurred Congress to take action, but it might not come until the island is insolvent.