Trump Insists That He Wanted To Show Business Losses, Calls It ‘Sport’

New York, N.Y.: Donald Trump talks with his management team about the Trump Shuttle at the Trump Tower on Fifth Avenue in Manhattan on August 16, 1989. (Photo by Mark Hinojosa/Newsday via Getty Images)
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May 8, 2019 7:39 a.m.

President Donald Trump reacted to the New York Times’ publishing of his tax returns from 1985 to 1994 by insisting that he meant to lose money on his businesses, calling it “sport.”

The tax returns show $1 billion in losses over the decade.

Meanwhile, the congressional battle over Trump’s more recent tax returns rages on, as Treasury Secretary Steve Mnuchin maintains that he will not release the records to congressional Democrats.

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