puertothat says that rico is asking for a bailout is just lying. ,econdly, if we do not act now if congress does not grant puerto rico a debt restructuring law, then ae of bailout will be inevitable. it will be very expensive for u.s. taxpayers. if they act now, it will cost zero dollars to u.s. taxpayers. if they do not act, then there will be a heavy cost to u.s. taxpayers. host: how heavy a cost? guest: sorry? host: how heavy a cost? guest: billions of dollars. the more conservative estimate billion in ais $20 couple of years if we do not restructure our debt now. if we are able to restructure it now, then that will not be needed. what we need from that deal from washington, d.c., is a that isuring process workable. something that is doable. that is why we need to fix it. i trust paul ryan's commitment. pelosi and others on their commitment. they are working to help us fix it. board. to fix also the will besight board applicable to a city like washington, d or detroit, but would not be applicable to new york state or michigan state. puerto rico is not a city, they -- they areuristic a la

econdli, the u.s. and the nordic countries share the belief that the best formation for individual freedom are jobs, growth, and social investments. need free obs, we trade, sustainable investment, is a basis of innovation and technology. hat is why i'm a staunch supporter of bringing the u.s. together through a strong transatlantic trade and investment partnership. freedom comes also responsibility. we strive for trade that is both free and fair, enables social better ents, creates working conditions, and protects our environments. we share the belief that women's empowerment and participation in necessary to are achieve real sustainable development. gender equality is both financial smart and a fundamental matter of human rights. outside countries have developed what has been known as the nordic welfare models to enable to work to increase gender equality and to create socially inclusive societies. -- those ideas are also discussed and developed in the united states with president obama's strong effo

out of the eu in this respect. ,econdly, and finally everything i said, i want to stress this, this mornings not whether brexit will be in the interest of the eu or not. i came because i've been invited, here in london, to my cells in the shoes of british consumers, companies, and even of the u.k.. that therere to say would certainly be some advantages, mainly disadvantages for the eu, if the u.k. were to leave us, but there might also be one big advantage. which is not the one you are considering, namely, no longer to have to deal with this rather difficult partner. i, for one, would make the proposal the day after the u.k. leaves the eu, that the eu should finally shift to one official language only, english. because so far, it would have it wouldir to select language of a large member state. course, ireland would pocket a brand by doing so, but i believe that the dialogue with our u.k. friends would be even stronger, which would not make one bit easier the fact that all the renegotiations that would have to be made, and do not estimate -- underestimate everyone. ♪ francine: becomes a ref