Jeb Bush Supports Chapter 9 for Puerto Rico

Former Florida Gov. Jeb Bush has said that he supports Puerto Rico filing for bankruptcy, in the face of the massive debt the Caribbean island is facing.

When Bush visited Puerto Rico, which is a U.S. territory, on a campaign stop in April, he told a crowd that the public agencies in Puerto Rico should be able to seek bankruptcy under Chapter 9, according to the Puerto Rico Report.

Pedro Pierluisi, who is the island's non-voting member of Congress, has offered a bill in Congress that would allow...