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Trump says Puerto Rico’s debt needs to be wiped out

October 4th, 2017
Categories: News

Link: https://www.rt.com/usa/405602-trump-puerto-rico-debt-wipe-out/

US President Donald Trump said that Puerto Rico’s $74 billion debt would have to be wiped out to help the island recover from the catastrophic damage caused by Hurricane Maria that he witnessed during his visit.

“We’re going to work something out. We have to look at their whole debt structure. You know they owe a lot of money to your friends on Wall Street and we’re going to have to wipe that out. You’re going to say goodbye to that, I don’t know if it’s Goldman Sachs but whoever it is you can wave goodbye to that,” Trump told Fox News, according to Reuters.

Trump visited Puerto Rico on Tuesday, nearly two weeks after Hurricane Maria destroyed the island’s infrastructure, leaving the majority of the 3.5 million residents without access to power.

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