FIRST AIRED: January 25, 2018

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COMING UP:Share Opener Variant 3

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00:00:02
>> Bankrupt, hurricane-ravaged Puerto Rico announced Thursday it can't repay any of its debts for another four years. Governor Ricardo Rossello unveiling a revised turnaround fiscal plan, saying the mass destruction caused by last fall's Hurricane Maria now puts Puerto Rico in the red through 2022, with nothing left to repay its $72 billion debt.
00:00:25
The previous plan had projected the island would pay $800 million a year over the next ten years. That was about a quarter of what was due, had the island not gone into default. Puerto Rico, last May, filing the largest municipal bankruptcy in US history.
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t Hurricane Maria, which killed dozens, has radically changed the picture, cutting power to all 3.4 million island residents, and destroying tens of billions of dollars in housing.
00:00:55
Puerto Rico's new plan hopes to secure a minimum of $35.3 billion from the US Federal Emergency Management Agency, or FEMA, to help the island recover. In total, Governor Rossello is seeking $94 billion in federal aid, though the latest disaster aid package under discussion in Congress is much smaller.