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Fox & Friends Hosts Defend Trump’s $1 Billion Loss: “Wow, It’s Pretty Impressive”

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08.05.2019

The New York Times reported Tuesday that President Donald Trump had managed to lose $1.17 billion over the course of 10 years early in his career, making him, at one point, a businessman with losses more than double that of any other high-income U.S. taxpayer.

While there had long been reports of Trump’s business failings, the Times was able to get access to Trump’s tax information from 1985 through 1994 and provide the fullest look yet at the finances of a president who refuses to make his tax returns public. In 1985, according to the Times story, Trump reported losses of $46 million, at which point the losses began to accelerate, placing him repeatedly near the........

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