Donors to President Donald Trump's lavish new White House ballroom may get their names enshrined in the building "forever," according to a new report.
Trump is building a new ballroom, a project described as the most significant renovation of the White House since Harry Truman. The ballroom is planned as part of a 90,000-square-foot expansion of the East Wing. The ballroom itself will cover about 25,000 square feet and seat up to 900 guests.
Notably, the estimated cost is around $200 million — and is funded privately by Trump and donors. And a new report reveals special incentives are under consideration for wealthy elites willing to pony up to fund the project. That includes having their names "etched inside the White House forever," according to CBS News.
Another possibility: having donor names placed on a website. A final decision has not been made, according to the report.
Sources familiar with the matter told the outlet that multiple firms have promised to donate at least $5 million to the project, with Trump personally talking to business executives about doing so.
The companies that have contributed include some of the biggest names in tech and defense: Google, Lockheed Martin and Palantir, sources told CBS News. Blackstone Group CEO Stephen Schwarzman has also pledged money.
Trump previously said he'd cover the costs.
"I'm paying for it. I'm paying for it," Trump said.
