
Leavitt Blames Biden for Spirit's Bankruptcy
About this episode
White House Press Secretary Karoline Leavitt faced criticism for blaming former President Joe Bidens administration for Spirit Airlines bankruptcy, citing their block of the airlines merger with JetBlue. Leavitt argued that the merger would have strengthened Spirit, but social media users mocked her for what they called Biden Derangement Syndrome. Meanwhile, the Trump team proposed a rescue package for Spirit, which was criticized as government overreach. The blame game highlights the clash between past regulations and current bailouts in the airline industry.
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Entertainment & Celebrity News Today | 2 Min News | The Daily News Now! — Leavitt Blames Biden for Spirit's Bankruptcy. Machine-transcribed; use the interactive transcript above to jump the player to any line.
It's April 24th. Welcome in. This is Entertainment and Celebrity News, where pop culture meets AI. I'm Cory with the story. White House Press Secretary Caroline Leavitt caught heat this week for pinning Spirit Airlines bankruptcy on former President Joe Biden. She zeroed in on his administration's move back in January 2024 to block the airline's $3.8 billion merger with. JetBlue Leavitt called it a reckless call that left Spirit on shaky ground, leading to two bankruptcy filings since late 2024 and nearly two, $0.5 billion in losses. That merger got shot down by a federal judge who backed the Biden Justice Department, worried it would kill off a major low-cost option and jack up, fares for everyday flyers. Leave it fire back to Spirit would be way stronger today if the deal went through, slamming the anti-trust block as a stability killer. Some media lit up with backlash, roasting her for what folks called Biden derangement syndrome.
Influencers and users piled on, mocking the idea that one decision explains everything, with sarcasm flying about blaming Biden for years of unrelated. Drama Meanwhile, the Trump team is pushing a $500 million rescue package for Spirit, trading cash for a big equity stake to save around. Fourteen thousand jobs and avoid full liquidation. Make slam it as government overreach, dubbing adventure socialism for meddling in private business. Fuel prices doubling from global tensions add more pressure on Spirit's comeback, but this blame game highlights how past regs and current bailouts are clashing in the skies.
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