knowledge, it seems like this does clear precedent for territories for setting up a introl board that would be place. if it can apply to puerto rico, it can apply to the u.s. virgin islands or another territory that runs into this problem. it creates a board that has the power to go into puerto rico and make decisions about spending and taxes, what to prioritize, and what not. also, contingencies for the board to restructure the debt in an ordered way under the eye of a bankruptcy judge. hours to manage the affairs of the. you have crafted it in a way meant to never apply to the city or state, but it looks to me that it could apply to a territory the future. host: although it is unclear but it will be, these mod might be something that looks more akin to the bankruptcy in detroit? guest: probably not. that was a municipal bankruptcy, something you can do through the existing bankruptcy code. this is something more like what we saw for washington, d.c. in the 1990's when they ran into financial problems. congress has a special relationship with the district of columbia and has the powe

knowledge, it seems like this does clear precedent for territories for setting up a introl board thatld be place. if it can apply to puerto rico, it can apply to the u.s. virgin islands or another territory that runs into this problem. it creates a board that has the power to go into puerto rico and make decisions about spending and taxes, what to prioritize, and what not. also, contingencies for the board to restructure the debt in an ordered way under the eye of a bankruptcy judge. hours to manage the affairs of the. you have crafted it in a way meant to never apply to the city or state, but it looks to me that it could apply to a territory the future. host: although it is unclear but it will be, these mod might be something that looks more akin to the bankruptcy in detroit? guest: probably not. that was a municipal bankruptcy, something you can do through the existing bankruptcy code. this is something more like what we saw for washington, d.c. in the 1990's when they ran into financial problems. congress has a special relationship with the district of columbia and has the power to