Trump to pay $1 billion for Puerto Rico real estate
Donald Trump will pay $7.8 billion to Puerto Rico to help it rebuild after the devastation wrought by Hurricane Maria, his presidential transition team announced Monday.
Trump has said that the territory’s $73 billion debt would be paid off by 2026.
Puerto Rico Gov.
Ricardo Rosselló has said the island would be unable to pay its debt until the island was able to repay its debt.
Rossello has not confirmed Trump’s financial commitment.