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7/2: The Takeout with Major Garrett

7/2: The Takeout with Major Garrett

Summary

Security has increased in Washington, D.C., for Fourth of July events to ensure safety. Sources say President Donald Trump could owe hundreds of millions in taxes on $1.4 billion he made from cryptocurrency.

Key Facts

  • Security measures in Washington, D.C., are stronger for the Fourth of July celebrations.
  • President Donald Trump has earned $1.4 billion from cryptocurrency.
  • Tax experts say Trump’s tax bill from this crypto income could be very large.
  • The exact amount of the tax is not confirmed but could total hundreds of millions.
  • The information comes from unnamed sources cited by CBS News.
  • The news is part of a CBS News segment called "The Takeout with Major Garrett."
  • The report highlights financial and security topics related to the U.S. capital and the President.
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