Snapshot · Pod Save America
Donald Trump Jr. sits on the board of a company that received over $600 million in a federal loan for rare earth magnet manufacturing — a company that barely existed years ago.
Where this was said
At 28:30 · chapter starts 24:20
The conversation turns sharply to money. Wagner flags The Washington Post's reporting that the White House ballroom will cost $600 million with roughly half from taxpayer funds — even as the administration publicly claimed private financing. [1] — Alex Wagner "White House ballroom cost: $600M: The proposed White House ballroom will cost $600 million, with approximately half coming from taxpayer fu…" 26:13 Richardson notes that checks off the public treasury had already been cut before those assurances were made — a brazen lie. She frames the core contradiction: an administration that claims to fight waste, fraud, and abuse is simultaneously cutting Medicaid, stripping people from SNAP, and redirecting hundreds of millions to vanity monuments. Wagner layers on additional context: Donald Trump Jr. sits on the board of a barely-existent rare earth company that just received over $600 million in a federal loan. Richardson's summary: 'Don't lie to me and tell me you're protecting my money while you are literally picking my pocket.' [2] — Heather Cox Richardson "Don't lie to me and tell me that you're protecting my money while you are literally picking my pocket." 27:23
Gold plating on White House horses, a $600 million ballroom half-funded by taxpayers, and the Trump family lining pockets through federal contracts — all while children lose school lunches and Medicaid recipients go without care. Richardson: 'I love a gilded horse, but I'd rather my neighbors can eat.'
The proposed White House ballroom will cost $600 million, with approximately half coming from taxpayer funds — even as the administration publicly claimed private funding.
Heather Cox Richardson cited approximately $352 million of taxpayer money already committed to the White House ballroom project while officials publicly claimed private funding.
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