
Trump Admin Considering $500M Spirit Airlines Bailout
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Trump Administration Considering $500M Bailout for Spirit Airlines, Facing Backlash from Republicans
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Entertainment & Celebrity News Today | 2 Min News | The Daily News Now! — Trump Admin Considering $500M Spirit Airlines Bailout. Machine-transcribed; use the interactive transcript above to jump the player to any line.
It's April 23rd. This is Entertainment and Celebrity News today, powered by AI, your front row to the latest buzz. I'm Cory with the story. Reports are swirling that the Trump administration is on the verge of dropping up to $500 million in taxpayer cash to bail out spirit. Airlines. The carrier is staring down its second bankruptcy in less than two years, with creditors and investors already skeptical about turning a profit anytime soon. Big name Republicans are firing back strong. Senator Tom Cotton calls it a waste of public funds, doubting Uncle Sam can do better than private players. Senator Ted Cruz agrees, saying no more good money chasing bad, after all the cash already poured in without results. Even Marjorie Taylor Greene, who's flipped from Trump cheerleader to sharp critic, lit up social media slamming the move. She points out zero relief on skyrocketing health insurance, living costs or gas prices amid ongoing tensions. Meanwhile, Trump's trade chief is warning Mexican firms those tariffs aren't going anywhere.
This pushback underscores the tightrope on government handouts as the administration rolls forward.
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