Puerto Rico is in big trouble – most of it has been self-inflicted by government intrusion. With a booming welfare state and unemployment at over 14%, it’s no wonder that the US Territory is on the brink of bankruptcy.
Now, many in the Senate want to bail Puerto Rico out instead of allowing them to suffer the consequences. This dangerous bail out sets a precedent for states – if the US is willing to bail out a territory who has managed their government irresponsibly, what will they do for a state?
Several states are on the brink of financial ruin, and a Puerto Rico bail out only encourages them to continue down the road of decline.
Sign this petition to tell Congress NO to the Puerto Rico bailout.