Puerto Rico leader unveils $9.8B operating budget

Associated Press
Puerto Rico leader unveils $9.8B operating budget

Puerto Rico Gov. Alejandro Garcia Padilla speaks during a state of the commonwealth address at the Capitol building in San Juan, Puerto Rico, Thursday, April 25, 2013. Garcia Padilla unveiled a $9.8 billion operating budget Thursday night in which he pledged to reduce crime, create jobs, boost school attendance and expand the U.S. territory's tourism sector. Padilla said he plans to reduce the island government's $2.2 billion deficit to $775 million in one year, in part by taxing those who earn $200,000 or more a year or who buy homes valued at $1 million or more. (AP Photo/Ricardo Arduengo)

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