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Puerto Rico debt restructuring not part of next emergency funding request -White House
September 28, 2017 / 8:18 PM / 23 days ago

Puerto Rico debt restructuring not part of next emergency funding request -White House

WASHINGTON, Sept 28 (Reuters) - The White House does not think it needs to address restructuring hurricane-hit Puerto Rico’s $72 billion debt in its next request for funding from Congress for the recovery effort on the island, a senior aide to President Donald Trump said on Thursday.

“I don’t think we’re going to have to address the debt restructuring issue in the next go-round, but if we do and if Congress wants us to, President Trump is up to that challenge,” Tom Bossert, the White House homeland security adviser, told reporters. (Reporting by Steve Holland; Writing by Mohammad Zargham; Editing by Lisa Shumaker)

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