Actually, Trump Does Have A Lot Of Debt -- And It's A Mess

Donald Trump claimed at his press conference Wednesday that he has “very, very little debt,” for a real-estate developer. He repeated the statement three times, and went on to deny that he owed any money to lenders tied to Russia.

Trump’s glib claim is hard to fact-check. After all, the definition of “very low” is relative. Trump holds at least $315 million in debt, by his own account ― and probably much more, according to estimates.

To a wealthy person like Trump, who once lost nearly $1 billion in a year, most amounts of money...
6 Published By - huffingtonpost - 2017.01.11. 21:32
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