Trump: The Billionaire's Bailout for Military Pay
President Donald Trump announced a wealthy private donor contributed $130 million to cover potential shortfalls in military salaries during the ongoing U.S. government shutdown. Trump praised the donor but did not disclose their identity. The news comes amidst ongoing political and economic tensions impacting various sectors in the country.
Amidst a prolonged government shutdown, President Donald Trump revealed that a wealthy private donor has contributed $130 million to the U.S. government to cover potential gaps in military pay. Speaking at a White House event, Trump applauded the unnamed donor as a patriot and a personal friend.
The shutdown, which has furloughed roughly 700,000 federal workers, continues to loom over economic forecasts with experts estimating a weekly 0.1 to 0.2 percentage point shave off the GDP growth. Meanwhile, Trump’s administration is tangled in political strife, including trade disputes with Canada and legal challenges involving political adversaries.
The economic uncertainty is further accentuated by rising cost-of-living concerns affecting Americans, as shown in a recent poll. As the shutdown persists, Trump’s comments highlight the multifaceted issues currently influencing both internal governance and international relations.
Google News