Donald Trump bragged Tuesday there’s “nothing like” using other people’s money, hours after a report said he used more than $250,000 from his charitable organization to litigate lawsuits against his business interests. Trump, while calling for building safe zones in Syria financed by Gulf states, vaunted the benefits of doing business with “OPM.”
“It’s called OPM. I do it all the time in business. It’s called other people’s money,” Trump said. “There’s nothing like doing things with other people’s money because it takes the risk — you get a good chunk out of it and it takes the risk.”
His comments came on the heels of a Washington Post report published earlier Tuesday, which called attention to Trump’s funneling of contributions from the Donald J. Trump Foundation to charities in order to settle lawsuits against Trump. Trump has only sparsely contributed to his foundation. Instead, the foundation is largely funded by outside donors — not Trump himself.
Last night the Trump campaign responded to the Washington Post‘s report:
“In typical Washington Post fashion, they’ve gotten their facts wrong. It is the Clinton Foundation that is set up to make sure the Clintons personally enrich themselves by selling access and trading political favors. The Trump Foundation has no paid board, no management fees, no rent or overhead, and no family members on its payroll.
“There was not, and could not be, any intent or motive for the Trump Foundation to make improper payments. All contributions are reported to the IRS, and all Foundation donations are publicly disclosed. Mr. Trump is generous both with his money and with his time. He has provided millions of dollars to fund his Foundation and a multitude of other charitable causes.
“The Post’s reporting is peppered with inaccuracies and omissions from a biased reporter who is clearly intent on distracting attention away from the corrupt Clinton Foundation, a vehicle for the Clintons to peddle influence at the expense of the American people. Mr. Trump personally and the Trump Foundation, however, are staying focused on their charitable giving to veterans, the police, children and other deserving recipients.” — Jason Miller, Senior Communications Advisor.