President Trump is going after Puerto Rico once again, this time with another unfounded claim.
The president on Tuesday claimed that the "inept politicians" of Puerto Rico are trying to use the "massive and ridiculously high amounts" of disaster relief funding they have received to "pay off other obligations." He didn't provide any evidence to back up his statement, but did make sure to note that the people of Puerto Rico in general are actually "wonderful."
The people of Puerto Rico are wonderful but the inept politicians are trying to use the massive and ridiculously high amounts of hurricane/disaster funding to pay off other obligations. The U.S. will NOT bail out long outstanding & unpaid obligations with hurricane relief money!
Just hours earlier, a federal board approved a new financial reform plan for Puerto Rico, which is $70 billion in debt; the plan recommends spending cuts that some Puerto Rican officials find too strict, reports Reuters. The plan also projects a $30 billion surplus over the next 15 years, thanks to the proposed reforms and the $80 billion coming in for disaster relief following the destruction of Hurricane Maria. Although this recovery should help Puerto Rico's ailing economy, politicians have not suggested using the federal aid to help pay off "other obligations" like Trump claimed, Bloomberg reports. Neither the island's leaders nor members of the federal board have proposed spending the $80 billion on anything other than recovery efforts. Brendan Morrow