Cementing his reputation as perhaps the worst dealmaker in both business and politics, the White House boasted Tuesday about a new $3.9 billion deal Trump has forged with Boeing to build two new Air Force One jets.
Portraying Trump as a hands-on executive fighting runaway costs on behalf of taxpayers, the White House announced “an informal deal with Boeing on a fixed-price contract for the new Air Force One Program.” Aides claim the new deal will save taxpayers $1.4 billion compared to the original contract to build presidential aircrafts.
But none of it is true. The new deal Trump negotiated doesn’t save taxpayers $1.4 billion, it coststhem an extra $700 million.
Turns out Boeing is getting a big raise.
As Defense One noted last year, “The Pentagon’s 2018 budget request, sent to Congress in February, shows that the Air Force plans to spend nearly $3.2 billion between 2018 and 2022 on two new Air Force One jets.”