Puerto Rico Goes Broke, Government Shuts Down

Things Worsening in Puerto Rico.

Island allowed to go Broke while the White House and Congress spend several Billion dollars a month in Iraq.
The U.S. doesn't have a billion dollars to provide to its own territory?

It appears that much of the responsibility lies with the local politricks in Puerto Rico... But the U.S. has some responsibility. Local governments have been low on cash flow for the last few years, due to budget contraints from Washington D.C.

Story here...