Puerto Rico has been a U.S. territory since 1898 and it gained limited political autonomy when the U.S. approved its constitution in 1952. Puerto Rico has been presented with its existential crisis." The bill, which President Barack Obama signed on Thursday, allows Puerto Rico to restructure some of its debt as U.S. cities and counties can. "But since Puerto Rico is a territory, Congress can do whatever it pleases." The island's economic crisis — including a $70 billion debt and looming default — have pushed many like Guerrero toward statehood.

Source: ABC News June 30, 2016 18:45 UTC