Private jet company owned by Trump donor gets $27 million bailout
- Total Posts: 7,144
A private jet company owned by a donor to President Donald Trump received nearly $27 million in government funding under a program run by the Treasury Department, according to government filings.
Clay Lacy Aviation, a private jet charter company based in Van Nuys, California, that serves wealthy executives and celebrities, received the government grant as part of the CARES Act, a $2 trillion federal stimulus package aimed at supporting jobs during the coronavirus crisis.
The company appears to have received the largest grant of any private jet company on the list. The vast majority of the other 96 recipients of government funding or loans on the list are major commercial airlines, regional carriers or support companies.
The funding is a grant rather than a loan, and doesn’t need to be repaid to the government. The money is part of the CARES Act program to “compensate aviation industry workers and preserve jobs.”
May 14, 2020 at 9:18 PM #315400retired liberalParticipant
- Total Posts: 2,552
When will the people decide enough is enough and fight back?
We are an arrogant species, believing our fantasy based "facts" are better than the other person's fake facts.
If you are wrong, it will be because you are not cynical enough.
Both major political parties are special interest groups enabling each other for power and money, at the expense of the people they no longer properly serve…
May 14, 2020 at 9:48 PM #315415
May 15, 2020 at 5:01 AM #3156493fingerbrownParticipant
- Total Posts: 2,554
Open corruption and looting in our faces. That is what Trump has brought to Washington these days, versus hidden corruption and quid pro quos on the sly.
All governments lie to their citizen's, but only Americans believe theirs.
- You must be logged in to reply to this topic.