Former Trump economic adviser knocks possible Spirit Airlines bailout as "corporate welfare"
Quick Insights
The Bottom Line
A former Trump economic adviser called a potential Spirit Airlines bailout 'corporate welfare'.
AI Summary
Former Trump economic adviser Stephen Moore criticized a potential Spirit Airlines bailout as "corporate welfare." This comes as sources indicate the Trump administration is discussing a loan of up to $500 million for the airline. Moore's perspective highlights internal dissent or debate regarding the administration's economic policies. The potential bailout suggests the White House is considering financial intervention to support struggling companies. This situation could set a precedent for how the Trump administration addresses economic challenges in specific industries.
What's Being Done
The Trump administration is discussing a potential loan of up to $500 million for Spirit Airlines.
Source Coverage Map
2 of 43 tracked sources covered this story
Following this story?
Get notified when new coverage appears
Other Sources Covering This Story
2 sourcesMultiple outlets have reported on this story. Compare perspectives from different sources.
This article is part of a story we're tracking:
Should this be getting more attention?
You Might Have Missed
Related stories from different sources and perspectives
PoliticsTrump Dismisses a Merger While Seeking Suitors for Spirit Airlines
As he rejected the idea of a merger of United Airlines and American Airlines, President Trump said someone, including possibly the federal government, should buy or help Spirit.
CorporateSpirit Airlines reached out to Trump administration for emergency bailout
Spirit executives and other low-cost carriers are expected to meet with Transportation Secretary Sean Duffy next week.
PoliticsUS Justice Department adds former Trump lawyer to probe of former CIA director, CNN reports - Reuters
<a href="https://news.google.com/rss/articles/CBMizAFBVV95cUxOS0lJQmdXVG1hU2cxdVB6eElqYUpVcXR5WURXdE13V1hON1ZOSkxaTmJVc1ZER0QtNkhCM1lrelJMZWEyd3VaVUxuV3hVZUFvYlBRRVdnUGpJWFNFYmJLVmNmak5Oem1iQVVVTnNnYUYwbDlQcTNFUHU1cmtaTlBfbEo4VlpyLXhqOTNTbXI2N04yanFPdGhwd3hraHVtMTFuSkNFVUVhcmhsVjhwMFZWTjR4LWVCRFpnTm50bkcxSlZteVhNOTVObXVkTms?oc=5" target="_blank">US Justice Department adds former Trump lawyer to probe of former CIA director, CNN reports</a> <font color="#6f6f6f">Reuters</font>
Politics'Terrible Idea': Republicans Criticize Trump's Floated Bailout for Spirit Airlines
One GOP Senator condemned the potential bailout as an “absolutely terrible idea."
PoliticsTrump picks a University of Minnesota professor to lead his economic council - AP News
<a href="https://news.google.com/rss/articles/CBMitwFBVV95cUxPd2lCaHQtRjZsd1J3YXhJamtOcHc3QWJCYllxaDZldTRYY25ld3lUc0Y4ZklwNlBYWEVtVGxVZFV2MHkwOHpFZlFYblJCRnNHS2kwbUUzVndnRndIWDAteEhxNUxFSmI1Sm5JbHBBUFctTFBwSkpBRHNEVW9mMG5YVlZwZzlKME4yejBkS1BVajBNa3ltUUVNakt5Ym5VVEdHLVZCYTNucElKTGY0anpRWkh3bzhTc2s?oc=5" target="_blank">Trump picks a University of Minnesota professor to lead his economic council</a> <font color="#6f6f6f">AP News</font>
CorporateHow the airline industry could be impacted if Spirit Airlines is liquidated
Spirit has not confirmed a liquidation, though it has filed for bankruptcy protection twice. Experts predict rising fuel costs could push the company to close its doors for good.
“A Punch in the Gut”: After Years of Waiting, Many Opioid Victims Will Be Shut Out of Purdue Settlement
The post “A Punch in the Gut”: After Years of Waiting, Many Opioid Victims Will Be Shut Out of Purdue Settlement appeared first on ProPublica .
Did this story change how you see things?
Stories like this only matter when people see them. Help us get verified journalism in front of more eyes.
The Verity Ledger curates verified investigative journalism from trusted sources only.
See our sourcesMost Read This Week
Report: Merck’s blockbuster cancer drug topped $200,000 a year under Trump
One in three Americans forced to make financial sacrifices for health coverage
Trump-branded data center project CEO departs
6 crew still missing after overturned ship that disappeared after typhoon is found near Saipan - AP News
US Live Nation and Ticketmaster verdict triggers calls for Australian investigation into ticketing rules
