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Page 485 of 496
No. 565
Filed JUNE 30, 2026
Self-Dealing & Corruption
Second Term

Trump Sticks Taxpayers With Half The Bill For Secret $500 Million Ballroom He Promised Would Cost Them Nothing, Discloses $1.2 Billion Crypto Fortune On The Same Afternoon

The Filing

WASHINGTON. President Donald Trump moved this week to resolve one of the more stubborn problems facing his administration, namely that the American people were not yet paying for a ballroom they will never be invited into, after the Washington Post obtained a secret, no-bid contract worth up to $500 million to build the gilded event space, roughly half of it charged to taxpayers.

The contract, according to the reporting, was routed through a government office exempt from the requirement to collect competing estimates, an arrangement officials described as a feature of the process rather than an oversight in it. Projected costs for the project had already tripled from earlier figures, a development the White House characterized as evidence of the ballroom's ambition rather than of anything else.

The half-billion-dollar price tag sat awkwardly beside the President's repeated assurances that the ballroom would be financed entirely by himself and private donors at no cost to the American taxpayer, a promise he is understood to have made while in possession of the contract that says otherwise. A source within the administration downplayed the discrepancy. "The President said it wouldn't cost taxpayers a dime, and it won't," the source said, "except for the half of it that it will."

Hours later, a financial disclosure the President is required by law to file offered supporting context, revealing that he had taken in close to $1.2 billion over the past year from cryptocurrency ventures whose rules his own government writes, a sum amounting to more than $3 million per day. The President has separately made a public show of donating his $400,000 annual salary toward the upkeep of the White House, a gesture of self-sacrifice that his crypto holdings replenish for him before dawn each morning. Ordinary buyers of his souvenir coins, meanwhile, watched the tokens fall from roughly $74 to $1.68, having contributed their savings to the general cause of proximity.

At press time, the President was reviewing plans to affix his own name to the finished ballroom, having concluded that a room the public paid for should at least remind the public whom they paid it for.

Sourced to the public record · presented without editorial embellishment
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