Day: August 11, 2017

Trump’s Washington Hotel Turns an Unexpected Profit

Buck Banks

$1.97 million

“Donald Trump’s company turned a $1.97 million profit at its opulent Trump International Hotel so far in 2017, dramatically beating its expectations and giving the first hard numbers to critics who charge that Trump is profiting from his presidency,” the Washington Post reports. “The Trump Organization had projected that it would lose $2.1 million during the first four months of 2017 as it established a new hotel and convention business in the nation’s capital, according to newly released federal documents. Instead the hotel, with its namesake in the White House down the street, is already turning a hefty profit and charging more for its rooms than most or all of the city’s other hotels.”

Most See Wealthcare Fail as a Good Thing

Buck Banks

60%

The Kaiser Health Tracking Poll finds that 60% of the public say it is a “good thing” that the Senate did not pass the bill that would have repealed and replaced the Affordable Care Act. Key finding: 78% think President Trump and his administration should do what they can to make the current health care law work while just 17% say they should do what they can to make the law fail so they can replace it later.

Trump Thanks Putin for Expelling Diplomatic Staff

Buck Banks

“I’m very thankful that he let go of a large number of people because now we have a smaller payroll.”

— U.S. President Donald Trump on Thursday, thanking Russian President Vladimir Putin for ordering the United States to slash its diplomatic staff in Russia, breaking nearly two weeks of silence on Putin’s July 30 order cutting U.S. embassy and consulate staff by nearly two thirds, Reuters reports.