00:00It's Benzinga, bringing Wall Street to Main Street.
00:02A Senate proposal could leave taxpayers covering $1 billion in security upgrades
00:08tied to President Trump's White House ballroom project, according to NBC News.
00:13Trump previously said the new White House ballroom would be funded by private donors
00:18and described it as a gift to the nation and that no government funds would be used.
00:23The funding appears in a Republican reconciliation bill
00:26that includes $1 billion for security enhancements
00:29tied to the East Wing modernization and Secret Service upgrades.
00:33The administration said the funds are needed to strengthen security
00:36following a recent assassination attempt and to support expanded protective measures.
00:41Senate Democrats plan to force a vote to remove the provision,
00:44while some Republicans have also raised concerns about taxpayer costs.
00:48For all things money, visit Benzinga.com.
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