Trump on Puerto Rico debt: 'We will have to wipe that out'

Trump on Puerto Rico debt: 'We will have to wipe that out'

Trump on Puerto Rico debt: 'We will have to wipe that out'

The island was recently hit by powerful Hurricane Maria and has been working to restore power and clean water to the territory.

Speaking with reporters at the White House before his departure, Trump said Cruz has been more conciliatory in her more recent remarks, and "I think she's come back a long way; I think it's now acknowledged what a great job we've done, and people are looking at that".

His visit was deemed as "terrible and abominable PR stunt" by San Juan's Mayor Carmen Yulín Cruz, where the billionaire Republican told the islanders that they should be "very proud" that more people had not died in the storm.

President Donald Trump said "We're going to have to wipe out" Puerto Rico's debt in the wake of destruction caused by Hurricane Maria.

Mexico offered the aid even through its relations with the United States have been strained ever since Donald Trump assumed office in January. But they soon began to recover, after White House Budget Director Mick Mulvaney took steps to reassure the markets.

"The response has been slow because US corporations are trying to figure out how they are going to take over the reconstruction of the colony", Velgara, 68, said.

The president said the people of Puerto Rico were "very thankful" to his administration during his visit earlier on Tuesday. "They owe a lot of money to your friends on Wall Street, and we're going to have to wipe that out", Trump said.

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Shaking her head, Cruz replied "well, maybe from where she's standing it's a good news story ". In his tweets Saturday, Trump praised the military and first responders for "an awesome job".

Before leaving Washington, he said Puerto Ricans who have called the federal response insufficient "have to give us more help".

Among Republicans, 76 percent approve of Trump's disaster response stateside while 62 percent approve of how he's handling the situation in Puerto Rico. San Juan Mayor Carmen Cruz may have subtly clapped back at President Trump during an interview.

He had responded angrily on Twitter, deriding the "poor leadership ability by the Mayor of San Juan, and others in Puerto Rico, who are not able to get their workers to help". "No. 2: Those who say that are people who have myopic views and a calculated political motive".

He shook hands with Ms Cruz after his arrival but he saved his warm words of praise for other local and federal authorities. That's going to have to be - you know, you can say goodbye to that.

His criticism comes on the heels of two major hurricanes, Irma and Maria, which ripped through Puerto Rico last month.

The damage from Hurricane Maria has only worsened the island's fiscal plight, and Congress is expected to step in with financial assistance to help rebuild its infrastructure.

According to the Federal Emergency Management Agency, there are now more than 10,000 federal officials on the ground on the island, and 45 percent of customers now have access to drinking water. More than 30 deaths on the island have been attributed to the hurricane, which also knocked out Puerto Rico's entire power grid and left many of its 3.4 million residents without potable water.

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