Did you know that Trump’s Fourth of July parade drained the coffers of Washington D.C.’s security fund?
Our nation’s capital maintains the Emergency Planning and Security Fund to cover the cost of security at state funerals -such as President George H. W. Bush’s- as well as inaugurations.
To pay for the 4th of July parade, Trump also redirected funds meant for the National Parks Service and he still ended up putting DC about $6 million in the hole.
The funds for Presidential inaugurations are generally put back into the EPSF, but true to form, Trump has yet to pay a penny back to people.
DC Mayor Muriel Bowser informed Trump of the shortage of funds in a letter the week after the “Salute to America” parade.
Mayor Bowser advised Trump that the funding for the EPSF was limited to $13 million per Congress, with “annual expenditure of about $16.5 million” (CNBC).
Let’s do some math.
Trump’s parade with tanks and military flyovers tapped the EPSF for $1.7 million.
The National Park Service paid in $2.5 million.
The Pentagon paid “at least” $1.2 million (CNBC).
If you’re keeping track, we are up to $5.4 million. For a parade.
That’s not taking into account the cost of security during the protests around the parade.
On a side note, TYT guest Ron Perlman notes that no veterans were invited to this event, but many of Trump’s top donors were VIPs.
Trump’s inauguration came in at $107 million, including about $10,000 in makeup and room service at various hotels. Yes, makeup.
Much of this was donated by corporations like AT&T, Bank of America, and Pfizer. Donations also came from wealthy Republican supporters, namely Sheldon Adelson and Andrew Beal (NYT).
A good chunk of the funds was “written off” (NYT) including:
- $6.4 million for unused hotel rooms
- $1.2 million in unrecovered revenue for a media center that never came to be
- $1.6 million for Mrs. Trump’s friend/advisor Ms. Winston Wolkoff for a documentary that did not happen. Ms. Wolkoff, along with another friend of Mrs. Trump, Jonathan Reynaga, formed WIS Media Partners to produce the documentary.
- $26 million to WIS as a general contractor and event overseer. Some of this was paid to other vendors.
- $2 million to Trump campaign official Brad Pascale’s firm for advertising.
- $2.7 million on flying in a performance group (working with Trump pal casino bigwig Steve Wynn)
- $1.5 million to Trump International Hotel for use of a ballroom, an annex and “the townhouse”
See this New York Times article for a full rundown. Suffice it to say Trump has a track record of money problems.
Questions about the legitimacy of some of these expenses are still circulating nearly two years later.
Organizers that worked both President Obama’s and President Bush’s (the younger) inaugurations spent less than half of Trump’s committee.
President Bush’s (the older) funeral called for a paid holiday for all federal workers, at the cost of $450 million, which will be shouldered by American taxpayers.
As mentioned, Trump has problems paying what he owes. He has been sued repeatedly for shorting wages or just refusing to pay vendors and contractors.
Did you know?