Trump Wants Puerto Rico Debt Handled in Court, White House Says
- Resolution should follow existing process, Sanders says
- Trump had said in interview island’s debt should be wiped out
Sanders: Puerto Rico Debt Will Go Through a Process
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President Donald Trump wants Puerto Rico’s $74 billion debt to be addressed through the bankruptcy process established under a law passed last year, White House press secretary Sarah Huckabee Sanders said, not eliminated, as he suggested in a television interview.
“There’s a process for how to deal with Puerto Rico’s debt. It will have to go through that process to have a lasting recovery and growth. This is a process that was put in place and set up under Obama,” Sanders told reporters at the White House on Thursday. “The president wants it to go through that process, and that’s the stage we’re at on that.”