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Trump accuses Puerto Rico of using disaster funds for other debt

Reuters
October 23, 2018 10:53AM ET
President Donald Trump speaks shortly after arriving in Ft. Meyers, Fla., Sept. 14, 2017. The event was the first stop on a visit to thank first responders and meet with victims of Hurricane Irma. (Coast Guard photo by Petty Officer 1st Class Patrick Kelley.)

U.S. President Donald Trump on Tuesday accused Puerto Rico’s politicians of using “massive and ridiculously high amounts of hurricane/disaster funding” to pay off other debts, and said he would not allow a bailout with relief money.

“The U.S. will NOT bail out long outstanding & unpaid obligations with hurricane relief money!,” Trump said on Twitter.

A federally appointed oversight board on Tuesday approved a fiscal reform plan for Puerto Rico over opposition from the island’s elected government. The plan calls for a range of fiscal and structural reforms, reduces government spending and takes into account $20 billion in federal disaster relief funds.

Reporting by Makini Brice; Editing by Tim Ahmann

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