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Wed Oct 4, 2017, 12:11 AM

Trump on Puerto Rico's debt: 'We're going to have to wipe that out' [View all]

Source: Fox News

President Trump told Fox News Tuesday that "you can say goodbye" to Puerto Rico's debt as the island struggles to recover from the devastation left by Hurricane Maria.

Trump spoke to Fox News' Geraldo Rivera in an interview that aired exclusively on "Hannity" Tuesday evening. The president spend the day touring the damage left by Maria, the strongest hurricane to hit Puerto Rico in nearly a century.

"They owe a lot of money to your friends on Wall Street and we're going to have to wipe that out," Trump told Rivera. "You can say goodbye to that."


Read more: http://www.foxnews.com/politics/2017/10/03/trump-on-puerto-ricos-debt-were-going-to-have-to-wipe-that-out.html

NOT The Onion.

It's going to be interesting hearing from Trump admin staffers and Cabinet officials, finding out what they think of this and if Trump discussed this with any of them.

No details at all so far, even hints of details, as to how Trump plans to do this. (And yeah, with Trump there's rarely anything that could be called a "plan"...)


Editing to add some excerpts from the BuzzFeed article about this:


Some economists have called on the US to either forgive the debt or significantly reduce the island's burden to help it bounce back. But on Tuesday, Trump didn't detail how he would go about doing just that.

"I don't know if it's Goldman Sachs, but whoever it is, you can wave goodbye to that," he told Rivera.

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Reply Trump on Puerto Rico's debt: 'We're going to have to wipe that out' [View all]
highplainsdem Oct 2017 OP
applegrove Oct 2017 #1
highplainsdem Oct 2017 #2
highplainsdem Oct 2017 #3
sharedvalues Oct 2017 #5
7962 Oct 2017 #21
agincourt Oct 2017 #4
highplainsdem Oct 2017 #6
Petrushka Oct 2017 #20
TeamPooka Oct 2017 #7
highplainsdem Oct 2017 #8
Nay Oct 2017 #23
Crash2Parties Oct 2017 #9
briv1016 Oct 2017 #10
angrychair Oct 2017 #15
KY_EnviroGuy Oct 2017 #11
Granny M Oct 2017 #12
DFW Oct 2017 #13
Petrushka Oct 2017 #19
C Moon Oct 2017 #14
Skittles Oct 2017 #16
Ilsa Oct 2017 #17
Petrushka Oct 2017 #18
Vinca Oct 2017 #22
Javaman Oct 2017 #24