Connect with us

Politics

Trump says he’s losing as much as $5B being president

Published

on

WASHINGTON — President Donald Trump claimed on Tuesday that being president will personally cost him billions of dollars, due in part to the lawyers he has had to hire to defend him in various lawsuits.

“This thing is costing me a fortune, being president,” Trump said during a speech at the Shell Petrochemical plant in Monaca, Pennsylvania, near Pittsburgh.

“Somebody said, ‘Oh, he might have rented a room to a man from Saudi Arabia for $500,’” Trump said, referring to reports that Saudi Crown Prince Mohammed bin Salman and members of his delegation booked multiple nights in a Trump hotel.

“What about the $5 billion that I’ll lose?” Trump asked, noting his high cost of lawyers “cause everyday they sue me for something.”

“It’s probably costing me from $3 to $5 billion for the privilege of being — and I couldn’t care less—I don’t care. You know if you’re wealthy, it doesn’t matter. I just want to do a great job,” Trump added.

These figures are virtually impossible to check; the president has not released his tax returns, and has been found in the past to exaggerate his own wealth.

Trump also took aim at former President Barack Obama. “I got sued on a thing called ’emoluments,’” Trump said. “Now nobody looks at Obama getting $60 million for a book. That’s OK, even though nobody in history ever got that much money for a book. … But with me, it’s everything.”

Barack Obama and Michelle Obama signed a joint book deal for $65 million in 2017, after Obama had left office. The emoluments clause applies to federal officeholders, not private citizens.

Speaking to a room full of factory workers in a state that he narrowly carried in 2016, Trump joked about how easy re-election would be if he “got a fair press.”

“Can you imagine if I got a fair press? I mean we’re leading without it,” Trump said. “The election would be over. Have they ever called off an election before? Just said, ‘Look, let’s go, go on, four more years.”

Trump then made light of creating a joke twitter hashtag that he said would disturb reporters, telling the crowd if “you really want to drive them crazy, go to #ThirdTerm, #FourthTerm.”

Although the Shell Plant was an official White House event, not a campaign event, Trump launched his usual trail attack against Sen. Elizabeth Warren, D-Mass., who is running for president and has recently surged in primary polls.

“We will have to hit ‘Pocahontas’ again if she does win,” Trump said, using his favored nicknames for both the Massachusetts senator and former Vice President Joe Biden, the front-runner in the polls whom Trumps refers to as “Sleepy Joe.”

The White House had looked to showcase the massive construction project the president was there to tour as a symbol of the Trump economy in a key swing state. When complete, the facility is projected to employ about 500 workers who will make plastic pellets from ethane, a byproduct of fracking, that can be turned into a range of plastic goods, from food packaging to car parts.

The visit gave Trump an opportunity to get back on the offensive after a week of defending his divisive rhetoric and approach to gun control policy after the mass shootings in Dayton, Ohio and El Paso, Texas.

Shell began preparing the site for construction in 2015 and officially started construction in November 2017.

Shannon Pettypiece and Jane C. Timm contributed.



Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Politics

'Shame on you!' Hammond ordered to ‘get behind country’ after Brexit letter to Boris

Published

on

PHILIP HAMMOND has demanded a formal apology from Boris Jonson over a “misleading” briefing that blamed former ministers for leaking no deal planning dossiers but his actions have been questioned by Leave voters.

Source link

Continue Reading

Politics

What is the ‘Green New Deal,’ and how would it work?

Published

on

What is the Green New Deal?

The Democratic debate over environmental issues has centered heavily around the Green New Deal, a plan to rapidly switch to clean energy to head off the worst projected effects of climate change.

However, unlike other ideas that Democrats are discussing on the campaign trail, the Green New Deal is not a clear policy proposal in and of itself. Instead, it refers to a 14-page resolution sponsored by Rep. Alexandria Ocasio-Cortez, D-N.Y., and Sen. Edward Markey, D-Mass., that lays out a series of broad goals and guiding principles and then leaves it to lawmakers to figure out how to meet them.

The resolution calls for “a new national, social, industrial and economic mobilization on a scale not seen since World War II and the New Deal,” one that over 10 years would move to renewable energy for electricity, and make transportation, housing, agriculture and manufacturing more energy-efficient. The goal is to create millions of new jobs in clean energy and get to net-zero emissions by 2050, not only in the United States, but around the world.

Source link

Continue Reading

Politics

Boris Johnson set to axe £30billion from EU divorce bill – 'Brussels will need whip round'

Published

on

BORIS JOHNSON is set to tell European Union leaders that Britain will not pay the £39billion Brexit divorce bill in the event of a no deal Brexit.

Source link

Continue Reading

Trending