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White House to Puerto Rico: No federal bailout

La Fortaleza-El gobernador de Puerto Rico, Alejandro Garc’a Padilla en conferencia de prensa. (Alex Rafael Rom‡n/LA FORTALEZA)
 (Alex Rafael Rom‡n/LA FORTALEZA)

The White House said Monday that President Obama won’t bail out Puerto Rico, which is facing default on its municipal bonds. “There’s no one in the administration that’s contemplating a federal bailout of Puerto Rico,” said White House press secretary Josh Earnest, who added that Treasury officials and others in the administration are working with officials…

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The Author

John McCarthy

John McCarthy

John McCarthy is primarily known for his investigative reporting on the U.S. Virgin Islands. A series of reports beginning in the 1990's revealed that there was everything from coliform bacteria to Cryptosporidium in locally-bottled St. Croix drinking water, according to a then-unpublished University of the Virgin Islands sampling. Another report, following Hurricane Hugo in 1989, cited a Federal Emergency Management Agency (FEMA) confidential overview that said that over 40 percent of the U.S. Virgin Islands public lives below the poverty line. The Virgin Islands Free Press is the only Caribbean news source to regularly incorporate the findings of U.S. Freedom of Information Act requests. John's articles have appeared in the BVI Beacon, St. Croix Avis, San Juan Star and Virgin Islands Daily News. He is the former news director of WSVI-TV Channel 8 on St. Croix.

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