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From:
LostInTheWasteLand@noemail.org
Trump Hotel lost more than $70M during presidency, say documents
The Trump International Hotel in Washington, D.C., lost tens of millions
of dollars in the four years that Donald Trump was president, even as he
was claiming big profits on the operation, according to documents
unveiled Friday by Democrats on the House Oversight and Reform Committee.
The newly released documents, provided to the committee by the General
Services Administration (GSA), which manages the federal lease governing
the hotel, found that while Trump's company did pull in millions of
dollars from foreign governments over his White House term, the
operation overall was a money pit, losing more than $71 million from
2017 to 2020.
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