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Is legislation backed by Paul Ryan to help debt-ridden Puerto Rico a 'bailout'?
The Center for Individual Freedom, a Super PAC, says in a TV ad that Ryan backs a proposal that would be a "bailout" of Puerto Rico.
The ad is misleading in its repeated use of the word bailout, in that legislation supported by Ryan -- unlike past bailout bills -- would not direct any U.S. tax dollars to the debt-ridden island.
But the ad was careful to say the "bailout" would hurt "savers and seniors." And experts told us the bill almost certainly would result in lower returns for Americans who invested money in Puerto Rican bonds.
For a statement that is partially accurate but takes things out of context, our rating is Half True.READ MORE