Politic > Donald Trump

Trump's Hundreds of Millions in Debt Was Forgiven: NYT

1 month ago   |   By Newser

President Trump's lenders have forgiven some $287 million in debt that he's failed to repay since 2010, most of that stemming from the Trump International Hotel & Tower in Chicago, the New York Times reports in its latest foray into the president's tax records. Deutsche Bank and the hedge fund...
Read more ...

 

Trump had $270 million in debt forgiven after failing to repay lenders for his 92-floor Chicago skyscraper, according to a NYT report

Trump had $270 million in debt forgiven after failing to repay lenders for his 92-floor Chicago skyscraper, according to a NYT report

1 month ago   |   By Business Insider

Summary List Placement
President Donald Trump had $270 million worth of debt forgiven by lenders that he failed to pay back for a 92-floor skyscraper in Chicago, according to The New York Times.
An analysis of his tax returns by the newspaper revealed that when construction of Trump International Hotel & Tower hit financial trouble, a big bank and a hedge fund granted years of extra time to pay back his debts.
And much of this debt was forgiven, the Times reported.
Records reviewed by the paper also suggested that Trump paid minimal federal income tax on the forgiven debts because of large...
Read more ...

 


Search by Tags

   Donald Trump  


Pennsylvania high court tosses lawmaker's petition to halt election...

Pennsylvania high court tosses lawmaker's petition to halt election certification

The Pennsylvania Supreme Court on Saturday threw out a suit filed by a Republican lawmaker seeking to pause certification of the state's election results, in another blow to... Read more ...

Experts Warn Of Erratic COVID-19 Testing Numbers After Thanksgiving

Experts Warn Of Erratic COVID-19 Testing Numbers After Thanksgiving

The result could be potential dips in reported infections that offer the illusion that the spread of the coronavirus is easing. Read more ...

Iran scientist linked to military nuclear program killed

Iran scientist linked to military nuclear program killed

DUBAI, United Arab Emirates - An Iranian scientist that Israel alleged led the Islamic Republic's military nuclear program until its disbanding in the early 2000s was... Read more ...

Trump Says He'll Go If Electoral College Chooses Biden

Trump Says He'll Go If Electoral College Chooses Biden

President Trump thanked the troops in a Thanksgiving press conference-but after a reporter asked him whether he had big plans for his last Thanksgiving in the White House, the... Read more ...

Kamala Harris Gets A Big Laugh Out Of Another Trump Run: 'Please'

Kamala Harris Gets A Big Laugh Out Of Another Trump Run: 'Please'

Harris is not worried about a possible Trump run in 2024 as she speaks up for small businesses at a D.C. holiday market. Read more ...

With Inaction By Washington, States Scramble To Offer Virus Aid

With Inaction By Washington, States Scramble To Offer Virus Aid

Elected officials are spending the last of a spring federal COVID relief package as an end-of-year deadline approaches. Read more ...

McConnell suspends in-person GOP lunches

McConnell suspends in-person GOP lunches

Senate Majority Leader Mitch McConnell will temporarily suspend in-person lunches for the GOP caucus, amid a nationwide spike in coronavirus cases. McConnell's decision comes... Read more ...

Distributing The Coronavirus Vaccine Will Require Planning - And A Lot More...

Distributing The Coronavirus Vaccine Will Require Planning - And A Lot More Money

The challenges will be as much logistical as they'll be scientific. Read more ...

Eric Trump's Latest Attempt To Spread Disinformation Backfires - Like All...

Eric Trump's Latest Attempt To Spread Disinformation Backfires - Like All The Rest

Donald Trump's son was set straight on Twitter. Again. Read more ...

Milwaukee County Finishes its Recount

Milwaukee County Finishes its Recount

After eight days of counting almost nearly 460,000 ballots by hand, Milwaukee County confirmed that President-elect Joe Biden received the most votes there in the presidential... Read more ...