Trump Has At Least $1 Billion In Debt, More Than Twice The Amount He Suggested | Meet The Only Billionaire Couple Who Donated To Both Trump And Biden

 
Donald Trump Has At Least $1 Billion In Debt, More Than Twice The Amount He Suggested
 
 
 
Donald Trump Has At Least $1 Billion In Debt, More Than Twice The Amount He Suggested

The president’s liabilities are spelled out in dozens of documents, published here.

Follow The Money →
 

Mind On Their Money

At least 23 billionaires made six-figure donations to committees supporting Donald Trump since July. President Trump picked up new contributions from five billionaires and one spouse of a billionaire in August, including a media heiress, a scientologist and a tech tycoon.

Casino tycoon Sheldon Adelson, pumped $75 million into a new pro-Trump Super-PAC, called Preserve America. Adelson is part of a small group of GOP mega-donors aiming to help Donald Trump in the closing weeks of the 2020 election. 

At least 15 billionaires have now donated to the anti-Trump Lincoln Project, including Hyatt hotels heir John Pritzker and oil heir Gordon Getty.

There's only one billionaire couple that Forbes has found, who has donated directly to both Biden's and Trump's campaigns. Cosmetics king Ronald Lauder has poured hundreds of thousands of dollars into committees that support the president and the RNC, but his wife Jo Carole has given more than $50,000 to groups supporting Biden and the DNC.

House Speaker Nancy Pelosi has repeatedly said the White House’s $1.8 trillion stimulus offer does not adequately address the needs of the country. Trump indicated in an interview with Fox Business Thursday that he would “absolutely” support an offer larger than the $1.8 trillion stimulus plan.

In
new analysis of President Trump’s and former Vice President Joe Biden’s campaign policy proposals, the Committee for a Responsible Federal Budget found both their plans would pile on national debt. A Biden presidency would add $5.6 trillion to the national debt over ten years while a Trump presidency would add just under $5 trillion

A
Supreme Court hearing on a $9 billion case involving Oracle and Google could reshape the software industry. The two companies have been battling one another in the courts for over a decade, with Oracle demanding $9 billion in compensation.

Global Economy

Europe can now put tariffs on $4 billion in U.S. products each year, including Boeing jets, ketchup and citrus fruit. The new decision from the World Trade Organization is related to an ongoing trade dispute between Europe and the United States over subsidies to aircraft manufacturers.

The World Health Organization announced Thursday that Europe saw its highest weekly total of new reported coronavirus cases yet, with nearly 700,000 cases detected in just seven days as the continent’s governments scramble to curb the increasing number of infections with new restrictions and lockdowns.

Nine million people will be tested
for Covid-19 in China this week. Authorities will test the entire population of the city of Qingdao over the next five days, after a new outbreak linked to a local chest hospital.

New Zealand has lifted its second-wave restrictions. Its “go hard, go early” strategy is widely considered to have been one of the best responses to coronavirus in the world.

The
European Union and the United Kingdom have imposed sanctions on six top Russian officials close to President Vladimir Putin and a state scientific research center, charging they played a role in the poisoning of Russian opposition leader Alexei Navalny.

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