{"id":1053049,"date":"2025-05-30T12:39:02","date_gmt":"2025-05-30T16:39:02","guid":{"rendered":"https:\/\/democrats.org\/?p=1053049"},"modified":"2025-05-30T12:39:03","modified_gmt":"2025-05-30T16:39:03","slug":"presidential-piggy-bank-how-much-trump-and-musk-raked-in-at-taxpayers-expense-this-week","status":"publish","type":"post","link":"https:\/\/democrats.org\/news\/presidential-piggy-bank-how-much-trump-and-musk-raked-in-at-taxpayers-expense-this-week\/","title":{"rendered":"Presidential Piggy Bank: How Much Trump (and Musk) Raked in at Taxpayers\u2019 Expense This Week"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" height=\"449\" width=\"1024\" src=\"https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png?w=1024\" alt=\"\" class=\"wp-image-1050776\" srcset=\"https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png 1101w, https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png?resize=300,132 300w, https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png?resize=768,337 768w, https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png?resize=1024,449 1024w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Costs are <a href=\"https:\/\/democrats.org\/news\/from-sofas-to-shoes-trumps-agenda-keeps-raising-prices\/\">skyrocketing<\/a>, <a href=\"https:\/\/www.foxbusiness.com\/economy\/walmart-cut-about-1500-corporate-jobs\">thousands<\/a> of <a href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/volvo-cut-up-800-us-jobs-trumps-tariffs-bite-2025-04-18\/\">Americans<\/a> are losing jobs, and it will <a href=\"https:\/\/democrats.org\/news\/new-report-fed-fears-a-recession-while-predicting-slower-growth-higher-inflation-and-a-substantially-weaker-job-market\/\">only get worse<\/a> \u2014 but Donald Trump and his billionaire Cabinet are focused on only one thing: lining their pockets at the expense of the American people. From Day One, Trump has abused the presidency for his own profit and this week was no different.&nbsp;<\/p>\n\n\n\n<p><em>Here are Trump\u2019s top grifts of the week \u2014 and how much he\u2019s making off them:&nbsp;<\/em><\/p>\n\n\n\n<p><strong>PAY FOR PLAY<\/strong><\/p>\n\n\n\n<p><strong>\ud83d\udcb0<\/strong><strong>Grift: <\/strong>Trump <a href=\"https:\/\/www.nytimes.com\/2025\/05\/27\/us\/politics\/trump-pardon-paul-walczak-tax-crimes.html\">pardoned<\/a> Paul Walczak \u2014 a fraudster about to go to jail and pay back $4.4 million (what ever happened to getting rid of fraud? \ud83e\udd37\u200d\u2642\ufe0f).&nbsp;&nbsp;<\/p>\n\n\n\n<p><strong>Trump\u2019s Cut: <\/strong>Walczak was only pardoned after his mother paid <a href=\"https:\/\/www.nytimes.com\/2025\/05\/27\/us\/politics\/trump-pardon-paul-walczak-tax-crimes.html\">$1 million<\/a> to Trump\u2019s political operation.&nbsp;&nbsp;<\/p>\n\n\n\n<p><strong>\u201cFREE\u201d PLANE<\/strong><\/p>\n\n\n\n<p><strong>\ud83d\udcb0<\/strong><strong>Grift: <\/strong>Trump is <a href=\"https:\/\/x.com\/factpostnews\/status\/1927771037774516289\">\u201cvery proud\u201d<\/a> to accept a <a href=\"https:\/\/abcnews.go.com\/Politics\/trump-administration-poised-accept-palace-sky-gift-trump\/story?id=121680511\">$400 million<\/a> luxury jet from Qatar with <a href=\"https:\/\/x.com\/factpostnews\/status\/1927771649396318648\">absolutely no idea<\/a> what it will cost the American people.&nbsp;<\/p>\n\n\n\n<p><strong>Trump\u2019s Cut:<\/strong><strong> <\/strong><a href=\"https:\/\/www.nytimes.com\/2025\/05\/21\/us\/politics\/qatar-plane-trump-air-force-one.html\">$135 million<\/a> to maintain the plane every year and potentially over <a href=\"https:\/\/www.nytimes.com\/2025\/05\/21\/us\/politics\/qatar-plane-trump-air-force-one.html\">$1 billion<\/a> to retrofit the plan as Air Force One.&nbsp;<\/p>\n\n\n\n<p><strong>CRYPTO SCAM<\/strong><\/p>\n\n\n\n<p><strong>\ud83d\udcb0<\/strong><strong>Grift: <\/strong>After Trump promoted his memecoin from <a href=\"https:\/\/apnews.com\/article\/trump-crypto-projects-industry-scam-memecoin-0e2d7ca5170bf594d44a391884ec52b3\">behind<\/a> the presidential seal, he sent JD Vance to Las Vegas to <a href=\"https:\/\/www.washingtonpost.com\/politics\/2025\/05\/27\/vance-las-vegas-fundraiser-trump-pac-crypto\/\">double down<\/a> on the Trump administration\u2019s crypto grifts.&nbsp;<\/p>\n\n\n\n<p><strong>Trump\u2019s Cut: <\/strong>Nearly 40% of Trump\u2019s net worth comes from his crypto holdings \u2014 <a href=\"https:\/\/www.cbsnews.com\/news\/trump-family-net-worth-crypto-investments\/\">approximately $2.9 billion<\/a>.&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<p><strong>ELON\u2019S GOODBYE PARTY<\/strong><\/p>\n\n\n\n<p><strong>\ud83d\udcb0<\/strong><strong>Grift: <\/strong>Before Musk was booted from the White House, Trump gave him billions in federal contracts (including <a href=\"https:\/\/www.dailymail.co.uk\/news\/article-14389487\/elon-musk-spacex-awarded-millions-contract-donald-trump.html\">$38.85 million<\/a> to Musk\u2019s SpaceX) and <a href=\"https:\/\/www.washingtonpost.com\/business\/2025\/05\/07\/elon-musk-starlink-trump-tariffs\/\">pressured<\/a> countries to give his company favorable trade terms. Musk\u2019s net worth <a href=\"https:\/\/finance.yahoo.com\/news\/not-bad-return-investment-bernie-233043805.html\">skyrocketed<\/a> while working in the Trump administration.&nbsp;<\/p>\n\n\n\n<p><strong>Trump\u2019s Cut: <\/strong>After Musk <a href=\"https:\/\/www.washingtonpost.com\/business\/2025\/05\/07\/elon-musk-starlink-trump-tariffs\/\">funneled<\/a> millions into Trump\u2019s campaign, he promised to give $100 million to groups \u201ccontrolled by the president\u2019s team\u201d (But unfortunately for Trump, the money <a href=\"https:\/\/www.nytimes.com\/2025\/05\/28\/us\/politics\/elon-musk-trump-doge.html\">\u201chasn\u2019t come in yet.\u201d<\/a>)<\/p>\n\n\n\n<p>###<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Costs are skyrocketing, thousands of Americans are losing jobs, and it will only get worse \u2014 but Donald Trump and his billionaire Cabinet are focused on only one thing: lining their pockets at the expense of the American people. From Day One, Trump has abused the presidency for his own profit and this week was [&hellip;]<\/p>\n","protected":false},"author":293,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1053049","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Presidential Piggy Bank: How Much Trump (and Musk) Raked in at Taxpayers\u2019 Expense This Week - Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/democrats.org\/news\/presidential-piggy-bank-how-much-trump-and-musk-raked-in-at-taxpayers-expense-this-week\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:site_name\" content=\"Democrats\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-30T16:39:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-05-30T16:39:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png?w=1024\" \/>\n<meta name=\"author\" content=\"Shelby Reese\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shelby Reese\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/democrats.org\/news\/presidential-piggy-bank-how-much-trump-and-musk-raked-in-at-taxpayers-expense-this-week\/\",\"url\":\"https:\/\/democrats.org\/news\/presidential-piggy-bank-how-much-trump-and-musk-raked-in-at-taxpayers-expense-this-week\/\",\"name\":\"Presidential Piggy Bank: How Much Trump (and Musk) Raked in at Taxpayers\u2019 Expense This Week - 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