Mesa Process News Today

There is no way they will get back to prosperity having that debt hanging over them. the mesa process, which is a bill that passed two years ago, is going to have to find a way to relieve puerto rico of that debt. it doesnt mean well wave a wand and wipe out their debt and it also doesnt mean well bail them out, because were not. >> but you will work with them in some form to mitigate this debt? >> absolutely. listen, were going -- well, to mitigate the debt. we are going to work with them to re...

>> sure. i talked to him about this at lengths after the puerto rico trip. puerto rico is $79 billion in debt, depending how you want to count it. there is no way they will get back to prosperity having that debt hanging over them. the mesa process, which is a bill that passed two years ago, is going to have to find a way to relieve puerto rico of that debt. it doesnt mean well wave a wand and wipe out their debt and it also doesnt mean well bail them out, because were not. >> but you will work ...