The Washington Post reports: Facing a cascade of criticism over his administration’s response to hurricane-ravaged Puerto Rico, President Trump on Friday sought to underscore the vast challenges involved in the recovery effort, saying “nobody’s ever seen anything like it.”
At the top of a speech devoted to tax policy, Trump ticked off a series of issues he said are making the recovery more difficult, including that Puerto Rico is an island, that its infrastructure was already in “very, very poor shape” and that the U.S. territory is saddled with “tremendous” debt.
“Ultimately the government of Puerto Rico will have to work with us to determine how this massive rebuilding effort … will be funded and organized, and what we will do with the tremendous amount of existing debt already on the island,” Trump said. [Continue reading…]