DAILY CALLER: Secret Puerto Rico Bailout? “The Obama administration is eying a secretive tax deal critics charge is an indirect bailout for Puerto Rico to the tune of billions of taxpayer dollars. The U.S. territory, desperate for revenues in the midst of the recession, surprised industry with a $6 billion tax on foreign firms – including a significant bloc of U.S. pharmaceutical firms – late October in a rare weekend legislative session without any public debate in advance. But now U.S. taxpayers, not the firms, could end up footing at least a significant chunk of the bill.”
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