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CNN —Nearly three dozen of President-elect Donald Trump’s picks to serve in his incoming administration donated to his campaign or to the deep-pocketed outside groups that worked to elect him, a CNN analysis of federal campaign records shows. In all, the SpaceX and Tesla chief executive donated more than $277 million to federal elections this cycle, the lion’s share of which – more than $262 million – benefited Trump. “Millions of Americans fed up with failure in the White House and federal government joined President Trump in the movement to restore our nation’s greatness. The total donations from Trump’s current Cabinet picks marks a surge from Trump’s first term. McMahon was the largest donor among Trump’s Cabinet picks and the second most generous contributor, after Musk, among the administration members announced through Tuesday, the review found.
Persons: Donald Trump’s, Elon Musk, , Linda McMahon, Trump, Elise Stefanik, Mike Waltz, Musk, Brendan Glavin, ” Glavin, , ” Brian Hughes, McMahon, Joe Biden’s, Cantor Fitzgerald, Howard Lutnick, Scott Bessent, Georgia Sen, Kelly Loeffler, Loeffler’s, Jeff Sprecher, Sprecher, Caitlin O’Dea, Loeffler, Trump’s, Kamala Harris, , Fred Wertheimer, ” Musk, Tom Davis, Warren Stephens, Charles Kushner, Kushner, Tom Barrack, Steve Witkoff Organizations: CNN, Trump, Education Department –, New York, Florida Rep, of, Capitol, SpaceX, Tesla, White, SBA, White House, Inc, PAC, Cabinet, Treasury Department, Small Business Administration, Trump MAGA Inc, Intercontinental Exchange, New York Stock Exchange, Democratic, Democracy, Republicans, ambassadorships Locations: Georgia, Virginia, Europe, Arkansas, France, Turkey
Harris’ plan would boost the debt by $3.5 trillion over the next decade, while Trump’s platform would cause it to spike by $7.5 trillion, according to the Committee for a Responsible Federal Budget’s report, released Monday. It found that Harris’ measures could have no significant impact on the debt or could increase it by $8.1 trillion. And Trump’s proposals could balloon the debt by between $1.5 trillion and $15.2 trillion. These proposals would cost $2.3 trillion in total. But the committee estimates these tariffs would bring in between $2 trillion and $4.3 trillion over a decade — not enough to cover Trump’s agenda.
Persons: CNN —, Kamala Harris, Donald Trump, Harris ’, Harris, , Trump, Jerome Powell, “ We’re, ” Marc Goldwein, Brian Hughes, Trump’s, , That’s, Joe Biden’s, Katie Lobosco, Matt Egan Organizations: CNN, Republicans, Democrats, Trump, Social Security, Peterson Institute for International Economics, Center, of Education Locations: American
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