Fresh from touring the devastation in Puerto Rico, President Trump on Tuesday said “we’re going to have to wipe out” the island’s crippling debt in order for the US territory to rebuild after Hurricane Maria.
“You know they owe a lot of money to your friends at Wall Street and we’re going to have to wipe that out,” Trump told Fox News’ Geraldo Rivera. “You can wave goodbye to that.”
It appeared to be a major change for a president who in recent days has repeatedly referred to Puerto Rico’s debt crisis in less than hopeful terms.
I hate to tell you, Puerto Rico, but youve thrown our budget a little out of whack because weve spent a lot of money on Puerto Rico,” Trump said during his tour Tuesday.
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