Puerto Rico is facing the biggest local government bankruptcy ever filed in the United States. The territory is currently 72 billion dollars in debt. Public employees are currently owed more than 50 billion dollars in pensions. And it’s Puerto Rican residents who are feeling the impacts of the debt crisis. We look at how the government is preparing to restructure its financial obligations. Plus, a conversation with the mayor of Miami about building a resilient city; a look at the newly-created school safety commission that won’t discuss the role of guns in school safety; a review of what it means to be a female rocker in a male-dominated field; and a discussion about Mister Rogers’ Neighborhood in light of a new documentary about his life.
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Millions of college students are heading to the stage this month to collect their diploma, or to move from community college to a full time university. But for many, that transition comes with a significant financial burden. The Takeaway examines the impact debt and other financial obligations have on a person’s ability to accumulate wealth. Plus, we cover the unfolding protests in Gaza as the U.S. inaugurates its embassy in Jerusalem; and the parliamentary elections in Iraq that may catapult to victory a cleric who twice led uprisings against U.S. forces in the country.
You can connect with The Takeaway on Twitter, Facebook, or on our show page at TheTakeaway.org.