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Trump properties rack up $1 million a day in lost revenue during pandemic

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Donald Trump playing golf, as he has about 30 hours a week during his presidency. (Screenshot)

The COVID-19 pandemic is reportedly costing President Donald Trump’s properties at least $1 million a day.

Sources told The Wall Street Journal that more than 500 staff have been laid off or furloughed at Trump properties in New York, Washington, Las Vegas and Florida

The Journal noted that more than half of the $440 million income Trump claimed in his last financial disclosure was attributed to his golf properties, suggesting that the president could take a big hit this year.

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“One day in March, the family’s flagship Trump International Hotel in Washington had just 11 guests in its 263 rooms, according to an employee,” the paper reported.

Perhaps most troubling for the Trump Organization is the possibility that it might lose out on a record price for the president’s Washington hotel, which was expected to sell for over $320 million.

“Like virtually every other hospitality company, we are anxiously awaiting the day when our world-class properties can fully reopen their doors,” Eric Trump said in a statement to the Journal. “We have an unbelievably strong company and we continue to pray for the health and safety of all Americans.”

Earlier this week, Trump abandoned plans to re-open the economy by Easter after experts advised him that over 2 million American could die if social distancing guidelines were relaxed.

Read the entire report here.

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2020 Election

Chuck Todd shreds GOP senator for making rules ‘out of thin air’: ‘The party looks like a bunch of hypocrites’

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Chuck Todd, host of NBC's Meet the Press, on Sunday told Republican Sen. Roy Blunt (MO) that his party "looks like a bunch of hypocrites" because they are set to nominate President Donald Trump's Supreme Court pick in an election year.

Following Trump's nomination of Judge Amy Coney Barrett to the high court, Todd reminded Blunt that Republicans had blocked former President Barack Obama's Supreme Court nomination because it was an election year.

"You have no qualms about doing this before the election?" Todd asked. "You've seen, polling is pretty overwhelming on this issue. A large majority of the American public do not believe this president before the election should make this pick and it should be whoever wins the election."

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2020 Election

Tom Cotton cornered by CNN’s Tapper over Trump’s threat to not hand over power if he loses in November

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Sen. Tom Cotton (R-AR) was put on the spot on Sunday morning during his appearance on CNN when "State of the Union" host Jake Tapper pressed him over Donald Trump's suggestion he won't peacefully step down if he loses the election.

With Cotton glibly commenting he expected a peaceful transfer of power “in January 2025, after President Trump finishes his second term,” Tapper pressed him about the president's comments.

“You’re not at all disturbed by what he’s saying about if the ballots aren’t counted? " the CNN host asked. "It is really quite alarming to a lot of Republicans his refusal to say, 'of course, if I lose, I will abide by a peaceful transfer of power.'”

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2020 Election

Trump brags Amy Coney Barrett will kill abortion rights: ‘I guess she maybe would’

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President Donald Trump told Fox News that he expects Supreme Court nominee Amy Coney Barrett to strike down Roe v. Wade and the right to have an abortion.

Trump made the remarks in an interview that aired Sunday on Fox & Friends after host Pete Hegseth noted that the president had previously said that his Supreme Court picks would "automatically" overturn Roe v. Wade.

"I didn't think it was for me to discuss that with her," Trump explained. "Because it's something that she's going to be ruling on. And this is what I was told -- although, I would have had the right to do that."

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