White House Claims Ballroom Is 65% Complete

Featured Story

BY SRH

On Saturday morning, following the Supreme Court’s temporary permit for construction to continue, Rump boasted about progress on the White House ballroom project.

The Rump posted a photo of the construction site and the caption, “Tremendous work has been done on the magnificent BALLROOM/MILITARY COMPLEX being built on the grounds of the White House!” on Truth Social.

Reports that the Trump administration intended to utilize funds allocated by Congress to other agencies to fund the ballroom project have led to a string of lawsuits and public scrutiny.

The full $400 million construction project would be funded by private donors, according to Rump’s earlier statements to reporters. According to statistics cited by The Washington Post, this amount eventually increased to $600 million.

Officials intended to utilize just $293 million from private donations, according to papers from March 2025 regarding contractors. The remaining funds would be borrowed from taxpayer-funded accounts at organizations such as the U.S. Secret Service and the White House Military Office.

Don't Miss

“World On Verge Of Spinning Out Of Control”

By StevieRay Hansen

Financial writer John Rubino says gold is at new all-time highs, silver is vaulting upward and there is no end in sight for the massive…

It’s Happening Again… Investors Dump Everything ‘China’

By StevieRay Hansen

Global stock markets plunged Friday as tensions between the US and China spiral out of control.  Stocks in Hong Kong and mainland China tumbled after Beijing ordered Washington to cease all…

Blain: Excess Liquidity Is “Blinding Idiots To Dangerous Reality”

By StevieRay Hansen

Bubbles are far more dangerous when they are fueled by debt” “This time it’s different”, is one of the most dangerous beliefs in financial markets….

WTI Holds Losses As US Distillates Stocks Reach 38-Year Highs

By StevieRay Hansen

Oil prices are lower overnight after a surprisingly large crude inventory build reported by API. The energy complex was not helped by comments by President Trump that…

Banks Brace For A Historic Crash With Record Loss Provisions

By StevieRay Hansen

For many years after the financial crisis, US commercial banks were mocked when instead of generating earnings the old-fashioned way, by collecting the interest arb…

Stevie Ray

Leave a Reply

Your email address will not be published. Required fields are marked *