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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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