Puerto Rico Debt Crisis: US House Speaker Paul Ryan Rules Out Taxpayer Bailout, But Some Can’t Agree On What ‘Bailout’ Means

House Speaker Paul Ryan said Friday that a new version of a bill to help Puerto Rico tackle its $72 billion debt load will be introduced soon.

“Right now, we are working with the Natural Resources Committee, the administration, and our Democratic counterparts to iron out the final constitutional and legal questions surrounding the legislation,” the Wisconsin Republican said in a statement. “Let me be clear: There will be no taxpayer bailout of Puerto Rico.”