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Trump Calls $421 Million Debt 'a Peanut,' but Challenges Lie Ahead

Credit: NYTimes.com- Published 5 days ago
The president on Thursday played down big loans he guaranteed for his struggling businesses. But much of that debt is soon to come due in the midst of declining revenue and an I.R.S. audit that could cost him over $100 million.
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Video credit: Veuer
Published 5 days ago -  01:23
President Trump Didnโ€™t Deny Having $400 Million Debt and Called It โ€˜a Peanutโ€™
President Donald Trump did not deny having $400 million worth of debt while discussing the issue of his taxes during a live town hall on NBC. Veuerโ€™s Maria Mercedes Galuppo has the story.

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Donald Trump

45th president of the United States
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Internal Revenue Service

Revenue service of the United States federal government
The president on Thursday played down big loans he guaranteed for his struggling businesses. But much of that debt is soon to come due in the midst of declining..
Credit: NYTimes.com - Published 5 days ago

Federal prosecutors said Robert T. Brockman had used a web of entities based in Bermuda and Nevis, as well as secret bank accounts in Bermuda and Switzerland, to..
Credit: NYTimes.com - Published 6 days ago


Related videos from verified sources

Trump Admits To His $400 Million Dollar Debt 00:40
Credit: Wochit - Published 5 days ago 


President Trump asked about $400 million debt claim during NBC town hall 00:52
Credit: USA Today News (Domestic) - Published 6 days ago 


Related news from verified sources

The president on Thursday played down big loans he guaranteed for his struggling businesses. But much of that debt is soon to come due in the midst of declining...
5 days ago • NYTimes.com

The president on Thursday played down big loans he guaranteed for his struggling businesses. But much of that debt is soon to come due in the midst of declining...
5 days ago • NYTimes.com

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