Summary
Private donors are funding President Donald Trump's $300 million White House ballroom project. Companies like Amazon, Meta, and Apple are among the contributors. The project will not use taxpayers' money, according to Trump.
Key Facts
- President Trump plans to build a $300 million ballroom at the White House.
- He announced that private donors, not taxpayers, will cover the costs.
- Amazon, Meta, and Apple are some of the companies donating.
- The family of Commerce Secretary Howard Lutnick is also contributing.
- The cofounders of the cryptocurrency exchange Gemini are involved in funding.
- The project's cost increased by $100 million from its original estimate.