Report exposes hidden $50 billion price tag on Trump's ballroom
Report exposes hidden $50 billion price tag on Trump's ballroom
A report from the non-profit watchdog group Public Citizen points out that while Donald Trump insists that donations are paying for his vanity project ballroom, those donors are being granted federal contracts totaling more than $50 billion.
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Transcript
Follow along using the transcript.
0:01
1 second
When
Donald Trump demolished the histori east wing of the White House to
build his gaudy new ballroom, he made the American people a promise.0:07
7 seconds
He said the whole project would not cost the American taxpayer a dime.0:12
12 seconds
Now,
sure, like any construction project, it was going to cost money and
building Trump's ballroom was going to cost a lot of money, a whopping
$400 million dollars,0:21
21 seconds
but it was all going to be paid for by wealthy people and big businesses.0:25
25 seconds
Basically a generous gift out of the kindness of their own hearts.0:29
29 seconds
Trump repeated that line over and over, so much so that when his allies eventually proposed spending an additional $1 billion0:37
37 seconds
of
taxpayer money with a significant chunk of the ballroom security, for a
significant chunk of the ballroom security, people freaked out.0:45
45 seconds
Even many1:00
1 minute
of his administration had already spent 50 times that much in taxpayer money to build his ballroom.1:07
1 minute, 7 seconds
What if I told you Trump had already taken $50 billion out of the U .S. Treasury and spent it?1:13
1 minute, 13 seconds
All is part of what looks very much like a pay-to-play scheme to finance his vanity project. And I'm not making this up.1:21
1 minute, 21 seconds
A
brand new report from the government watchdog group Public Citizen
looked into the private donors who are supposedly funding the Trump
ballroom as a gift.1:29
1 minute, 29 seconds
Guess what their investigation found?1:31
1 minute, 31 seconds
Quote, more than half of the publicly identified donors to President Donald Trump's White House Ballroom project have one new1:39
1 minute, 39 seconds
or expanded federal contracts worth more than $50 billion during the past six months.1:46
1 minute, 46 seconds
The
report also found that most of those same companies are also facing
federal enforcement actions over alleged wrongdoing, and that some have
had such actions suspended by the 1:55
1 minute, 55 seconds
Trump administration since the start of Trump's second term.1:59
1 minute, 59 seconds
So just to put a fine point on this, these rich donors and corporations gave Trump $400 million to build his ballroom.2:07
2 minutes, 7 seconds
And
then, according to this report, the Trump administration gave those
rich donors and corporations $50 billion in taxpayer money2:13
2 minutes, 13 seconds
in new or expanded government contracts that they were not getting before.2:19
2 minutes, 19 seconds
And
to top it all off, the report says the Trump administration dropped
enforcement actions against a few of the companies as well,2:26
2 minutes, 26 seconds
as if they were paying into a state-sanctioned protection racket.2:30
2 minutes, 30 seconds
Now,
the White House denied a pay-to-play arrangement, but by every
appearance this certainly looks like a duck and it walks like a duck and
it quacks like a duck too.2:40
2 minutes, 40 seconds
But that's how Trump sees the federal government.2:42
2 minutes, 42 seconds
He thinks the federal property and taxpayer money are all his to play with.2:45
2 minutes, 45 seconds
Today, Trump administration officials were in court defending his big ballroom project.2:50
2 minutes, 50 seconds
During
that hearing, a federal judge asked one of the lawyers for the Trump
administration this hypothetical about Trump's authority to
unilaterally destroy government property.3:00
3 minutes
He says if the government decides very quickly to bulldoze the Statue of Liberty, nothing can be done?3:06
3 minutes, 6 seconds
The Trump administration lawyer reported, quote, I think that's right. Yes.3:13
3 minutes, 13 seconds
Yes, the Trump administration argued today in court that Trump could bulldoze the Statue of Liberty and no law could stop him.3:21
3 minutes, 21 seconds
It's
an audacious claim until you remember that this is the same guy who
once had his lawyers argue before the Supreme Court that as president,
Trump could assassinate his political rival and be immune from
prosecution.3:30
3 minutes, 30 seconds
And
remember, Trump's handpicked judges on the Supreme Court ultimately
agreed with those arguments enough to grant pretty broad presidential
immunity.3:39
3 minutes, 39 seconds
So it's no particular surprise that Trump acts like he's not bound by any rules.3:45
3 minutes, 45 seconds
Take
his latest construction project, the big triumphal arch that he wants
to build right in front of Arlington National Cemetery, one that would
cast a huge shadow over the graves of American service members.3:56
3 minutes, 56 seconds
Trump's
decision to increase the size of the arch has even alarmed the
architect who first proposed the idea, who told the New York Times4:03
4 minutes, 3 seconds
that Trump's new scale is, quote, way too big for that site.4:06
4 minutes, 6 seconds
Trump is demanding that his arch be 250 feet tall, despite an existing law that would restrict4:16
4 minutes, 16 seconds
TRUMP'S HAND-PICKED FEDERAL PLANNING COMMISSION DECIDED THAT LAW DOESN'T APPLY TO DONALD TRUMP'S ARCH.4:23
4 minutes, 23 seconds
THE CHAIRMAN OF THAT Commission, who happens to be Donald Trump's staff secretary, says he's skeptical of the long-accepted4:30
4 minutes, 30 seconds
legal arguments about the law's applicability to the arch.4:33
4 minutes, 33 seconds
They're
also ignoring concerns about air traffic, as New York Times reports,
aviation experts are warning that the arch's height could actually cause
problems for the already 4:42
4 minutes, 42 seconds
problem-plagued airspace over Washington, D .C.4:46
4 minutes, 46 seconds
Remember
that just nine days into Trump's second administration, that very
airspace was the site of the deadliest air collision over U .S.4:54
4 minutes, 54 seconds
territory in decades.4:55
4 minutes, 55 seconds
You
would think Donald Trump would want to avoid any future problems in the
airspace over the nation's capital, but Trump is willing to overlook5:03
5 minutes, 3 seconds
all of those concerns to get his arch, which more than anything else feels like a monument to himself.5:08
5 minutes, 8 seconds
He
craves symbols of his own power, like he's an authoritarian leader in
some tin-pot dictatorship, and he's never been shy about those
aspirations.5:16
5 minutes, 16 seconds
He openly joked about being a dictator on day one of his presidency.5:20
5 minutes, 20 seconds
He's
the same guy who once said his fake claims of election fraud warranted
terminating the Constitution itself, and last year Donald Trump
basically5:28
5 minutes, 28 seconds
declared himself above the law saying, he who serves his country does not violate any law.5:33
5 minutes, 33 seconds
As if he is the sole arbiter of what is and is not legal.5:40
5 minutes, 40 seconds
And Trump has surrounded himself with lackeys who are willing to support that expansive theory of power.5:44
5 minutes, 44 seconds
Just
this week, Trump told his aides to officially begin the process of
appointing his former personal attorney, Todd Blanche, to permanently
fill the role of attorney general.5:54
5 minutes, 54 seconds
And
just today, Blanche made it clear that he intends to use that office to
shield Donald Trump from accountability for his actions, even after his
term ends.6:05
6 minutes, 5 seconds
Well,
do I believe it's a possibility that the Democrats will, will, will, go
after President Trump, his family, anybody that knows him, anybody that
worked for him.6:13
6 minutes, 13 seconds
I
think they've proven that to be true and what can we do about it is we
can just keep on exposing when we learn about the weaponization that
happened for many years.6:23
6 minutes, 23 seconds
We can keep on exposing it and putting, putting, putting roadblocks in place so it never happens again.6:30
6 minutes, 30 seconds
Putting
roadblocks in place, not so that it can never happen again, so that
Donald Trump cannot be held accountable for his actions.6:37
6 minutes, 37 seconds
The
irony here is that Trump and his administration are acting like Trump
is invincible at a time when his popularity is at rock bottom.6:45
6 minutes, 45 seconds
A new poll out this week finds that 61 % of Americans now disapprove of the job that Donald Trump is doing as president.6:53
6 minutes, 53 seconds
That's a record for Donald Trump in this particular poll.6:56
6 minutes, 56 seconds
How
does a country deal with a president who seems more and more
emboldened to grab on to power as the American public continues to lose
faith in his ability to lead?7:05
7 minutes, 5 seconds
I have just the people to ask.
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