Trump brags about using ‘other people’s money’
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The comment came hours after The Post reported that Trump used funds from his charitable foundation to settle business lawsuits. He did not raise them in that context.
@SopanDeb: Via @WaPoSean: Trump brags about using ‘other people’s money’ in another context
Donald Trump on Tuesday talked about the utility of using “other people’s money,” an ill-timed comment that came just hours after The Washington Post reported that he used more than a quarter-million dollars from his charitable foundation to settle business lawsuits.
Trump brought up “other people’s money” in the context of getting foreign nations to pay for Syrian safe zones so that the United States doesn’t have to accept Syrian refugees. He was not talking about his foundation or lawsuits. It was not the first time he had used the term “other people’s money.”
But the comments could come back to haunt him, particularly if Democrats decide to use them to fashion a television attack ad. The foundation has been funded in recent years almost entirely by other people’s money, records show.
“We’re going to get the Gulf states to pay for safe zones. We’ll lead the project like — it’s called OPM. I do that all the time in business. It’s called other people’s money. There’s nothing like doing things with other people’s money,” Trump said at a rally in Kenansville, N.C.
He repeated himself: “OPM: other people’s money.”
The Post reported earlier Tuesday that Trump spent $258,000 from his charitable foundation to settle lawsuits that involved his for-profit businesses. The cases were among newly documented expenditures in which Trump may have run afoul of “self-dealing” laws.
David A. Fahrenthold contributed to this report.
Trump has a one-point lead in the polling average. In a four-way matchup that includes both third-party nominees, Gary Johnson of the Libertarian Party and Jill Stein of the Green Party, Trump leads Clinton 42.5 percent to 40.8 percent.