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No one should believe what the president actually said. >> i wouldn't take it word for word. at least $72 billion in debt. 120 going by other accounts before the storm. we are not going to deal right now with those fundamental difficulties that puerto rico had before the storm. >> i wouldn't take it word for word. we'll have more on the president's trips to puerto rico and las vegas this week. we'll be joined by daniel dale, a white house correspondent who got blocked on twitter by the president of the united states for the offense of fact checking the president of the united states. you can f...

Didn't exist? >> well, i don't know the mayor, but she was very, very nice at the beginning. she said it's incredible what happened. and then all of a sudden i notice she went a little bit on the nasty side, and i said i guess she's running for office. and it turns out i was right. isn't that a shock? but i will say your current governor, he has been amazing. your congresswoman has been absolutely amazing. and the people, they have been so thankful, and i think virtually every mayor has been so thankful. i met many of them this morning. and it's the job of the navy and the army and the air for...

They are 72 billion in debt before the hurricanes hit. and they had a power plant that didn't work before the hurricane. so we are going to help them. we are going to do something and get itack on its feet. >> to what extent do you commit to help rebuild this battered place? >> we are going to work something out. look at their whole debt structure. they owe a lot of money to your friends on wall street. we're going to have to wipe that out. can you say goodbye to that i don't know if it's goldman sachs, whoever it is. can you wave goodbye to that we have to do something about. the debt was mas...

$72 billion in debt. >> hold on one second. hold on -- >> let me go -- >> you will make your points, tom. i promise. i don't understand the connection between $72 million in debt and whether will you help them rebuild. make that point. >> let me finish answering. the idea here, chris, with them being in debt, they don't have enough ready liquid cash to pay their normal share like florida and texas had. what we'll do and the president has done it, give a $180 adjustment, and the federal government is making sures li l are protected. that's the president's point. >> so the president will do what...

First week in october is the time line that you are anticipating? >> plas coas mr. cohn alluded t are willing to negotiate with congress if there is a better idea. it's important to understand that fema just got a $7.1 billion appropriate yags release and we will ask for more to provide money into the fund that ask the li does the life sustaining effort. whether we have to address the existing $72 billion worth of debt, that is something that i will have to take my lead from the economists on and some of the budget hawks. you about i think so thb the budget hawks. you about i think so tut i th...