Trump Stands Firm On Rising Costs Of White House Ballroom Project Amidst Scrutiny, Says 'It Is Under Budget And Ahead of Schedule'

Benzinga

Trump defended the ballooning cost of the White House ballroom expansion, saying the project is larger, upgraded, privately funded, and still under budget. Donor disclosures naming major tech companies have sparked concerns about potential influence over policy.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:03Trump defended the rising cost of the White House ballroom project in a Weekend Truth social post,

00:07saying the expanded and upgraded space will be much bigger and more beautiful.

00:12Trump said,

00:13The project was initially estimated at $200 million in July,

00:26before Trump raised it to $300 million,

00:29and a White House official later confirmed the cost had reached $350 million.

00:34The project drew controversy after the East Wing was demolished in October.

00:39Disclosures showing donors such as Amazon, Apple, Google, Meta Platforms, and Microsoft

00:44prompted lawmakers to question whether the contributions could influence future policy decisions.

00:49For all things money, visit Benzinga.com.

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