In my post this morning about Wilbur Ross’s role in the Puerto Rican debt crisis, I suggested that President Trump’s overnight suggestion that Puerto Rico’s public debt would need to be wiped clean might just be a throwaway line.

Well, yes, it was just a throwaway line. Or that’s what the evidence now suggests. Trump’s OMB Director Mick Mulvaney advised that we not take what Trump said “word for word.” He also suggested that he spoke at length to Trump on the flight back after the interview. So Trump agrees.