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Old Today | 06:07 AM
  #95  
ChinaDenver
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Joined: Apr 2026
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Originally Posted by Hedley
The real issue is that this is being evaluated on the political pros and cons leading up to the midterm elections and not on any measure of fiscal responsibility. From a business perspective, Spirit is a fiscal train wreck with an extremely small percentage of the market share. There’s really no legal argument such as national defense or protecting federal infrastructure to justify this. If they think that they can get political points out of this they will make every attempt. Nothing will change, this is just kicking the can down the road until after the elections. Just another example of politicians adding to the huge federal deficit for nothing more than potential political gain.

Trump doesn't have the unilateral power to lend Spirit any money. Congress must pass a bill and appropriate. Congress has given the executive limited authority to unilaterally invest in companies, but it has to pertain to defense-related matters - like the rare earth investment last year. Congressional Republicans won't go for any bailout. Trump was able to invest in Intel last year because Congress already had appropriated the money in 2022 or 2023 for that exact purpose.
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