Trump Clashes with Kaitlin Collins Over Ballroom Cost Increase
Donald Trump recently confronted CNN host Kaitlan Collins regarding the escalating expenses of his new ballroom project. This confrontation took place on Truth Social, where he criticized Collins and highlighted the significant budget overrun of the project.
Cost Increase of Trump’s Ballroom Project
The ballroom was initially projected to cost around $200 million. However, the expenses have surged by an additional $100 million, bringing the total estimate to $300 million. Trump defended the inflated costs by stating that the ballroom will be twice the original size and feature premium finishes.
Justifications for the Expense
- Double the planned size
- High-quality interior finishes
- Beautiful views of the surrounding area
Despite the overruns, Trump claimed the project is “actually under budget and ahead of schedule.” He characterized his ambitious plans for the ballroom as worth the expenses, asserting that it is “more beautiful than originally planned.”
Financial Backing and Support
The project is funded by various corporate sponsors, including:
- Lockheed Martin
- Microsoft
- Caterpillar
- Amazon
- Comcast
Interestingly, JPMorgan Chase has chosen not to participate in financing the project. Meanwhile, the construction has suffered setbacks, including the departure of the initial architect, James McCrery II. He raised concerns about the expansive design, leading Trump to engage a new architect, Shalom Baranes.
Future Completion Plans
Trump aims to complete the ballroom by 2029, corresponding with the conclusion of his second term.
According to reports, he has suggested that construction workers disregard standard building codes, opting instead for relaxed regulations specific to the White House.
Media Response
Collins, while reporting from the White House, noted ongoing construction efforts. She described the rising costs as having “ballooned.” In response, Trump labeled CNN as “fake news” and criticized the network’s ratings.
This ongoing discussion reflects the contentious relationship between Trump and the media, particularly regarding the portrayal of his financial projects.