Obama points to Puerto Rico's plight in speech to Latino leaders

U.S. President Barack Obama delivers remarks at the Congressional Hispanic Caucus Institute’s 38th Annual Awards GalaPresident Barack Obama gave a rare mention to the struggling U.S. territory of Puerto Rico in a speech on Thursday to a gala dinner held by Latino leaders in Washington. Puerto Rico, with $72 billion debt and in recession for nearly a decade, is trying to renegotiate its debt.

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