Two more Democratic senators now join 12 others in co-sponsoring a bill to allow Puerto Rican Puerto Rico's public corporations - such as its beleaguered electric utility - as well as municipalities to use federal Chapter 9 bankruptcy laws to restructure its finances.
Senators Mark Warner and Senate Judiciary Committee chairman Patrick Leahy have stated their support for Senate bill 1774; a similar bill was introduced in the House several months ago.
New York City Council Speaker Melissa Mark-Viverito joined MSNBC host José Díaz-Balart to discuss the escalating battle over allowing Puerto Rico to restructure the way it has been done in other municipalities such as Detroit.
Mark-Viverito, who is a native of Puerto Rico, supports the bills.
"We have a Congress that unfortunately is not very willing and supportive of this conversation," said Mark-Viverito. "That ability to restructure debt is critical," she said in the interview.