A bill has been introduced in the U.S. Congress that would allow Puerto Rican public corporations and municipalities to declare bankruptcy, which they currently cannot do since the island is considered a U.S. territory and not a state. If approved, the bill could prevent a massive financial and humanitarian crisis in Puerto Rico stemming from the island’s unpayable US$73 billion debt. Republicans in Congress, however, oppose the bill. Bianca Perez reports from Washington. teleSUR