DEBT/HURRICANE/PUERTO RICO/SPENDING/TRUMP AS PRESIDENT: “U.S. President Donald Trump on Tuesday [10-23-18] 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 an additional $20 billion in federal disaster relief funds.”
–Makini Brice, “Trump accuses Puerto Rico of using disaster funds for other debt,” Reuters, October 23, 2018 8:45 am