News
Trump to Hold Million-Dollar-a-Plate Fundraisers Amid Affordability Push
As President Donald Trump and his administration continue their focus on touting affordability — insisting prices for many everyday food items have dropped while consumers lament grocery store prices — the President will be hosting two one-million-dollar-a-plate fundraisers for his super PAC early next year.
Inflation remains high at 3.0%. The unemployment rate is now the highest it’s been in nearly four years. Prices for items like beef, coffee, and bananas have increased by double-digit percentages. Major corporations have announced plans to lay off thousands or tens of thousands of workers. And millions of Americans are seeing their health care premiums for next year skyrocket, as Congress leaves D.C. for Thanksgiving break.
The president, meanwhile, has insisted there is little to no inflation, and calls affordability a Democratic “con job,” as he hosted the crown prince of Saudi Arabia this week for a lavish black-tie White House dinner.
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“President Trump, who has been hosting fund-raising dinners at a pace unseen by any second-term president, is scheduled to hold two more early next year, according to copies of the invitations seen by The New York Times,” the Times reported on Friday. “Mr. Trump is slated to attend two high-dollar ‘candlelight dinners’ — one at Trump National Golf Club near Washington on Jan. 31, the second at Mar-a-Lago, Mr. Trump’s private club in Palm Beach, Fla., on Feb. 27.”
The Times also reports that politicians’ super PACs generally spend funds on the politicians’ own elections, but Trump is term-limited, according to the U.S. Constitution. While he has flirted with running for a third term, he recently acknowledged it is not permitted.
The White House has said Trump will be more focused on the cost of living in the new year.
Last month, a local CBS affiliate reported that “President Trump is expected to headline a $1 million-per-person candlelight dinner at his Mar-a-Lago estate on Oct. 17. The event is hosted by the Trump-aligned super PAC, MAGA, Inc., which raised $177 million in the first half of the year. The event is expected to have an impact on next year’s midterm elections.”
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Image via Reuters
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