On the recordNovember 6, 2017
The way things are done today, it might take over 50 years for the bondholders to expect to be repaid, because there is not going to be a tax base left in Puerto Rico.
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congress.govNydia Velázquez: “The way things are done today, it might take over 50 years for the bondholders to expect to be repaid, because there is…”
Editor's note · Context
Velazquez discusses the long repayment timeline for bondholders due to Puerto Rico's declining tax base.
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