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Trump touts over $20 trillion in new U.S. investments, but the numbers don't add up [CBS News]
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"Twenty-one trillion dollars will be the amount invested in the United States — or committed to invest — in one year," the president said in a November meeting with Saudi Crown Prince Mohammed bin Salman. In an Oval Office event this Wednesday, President Trump said , "In 10 months, we have $18 trillion being invested." But a CBS News review found no evidence that total commitments or new investments approach the scale the president has cited. While companies and foreign governments have announced large-scale projects since Mr. Trump's inauguration, the White House has not provided documentation showing total investments approaching $21 trillion — an amount roughly two-thirds of the annual GDP The administration's own list of major investments "made possible by President Trump's leadership" totaled $9.6 trillion as of the latest update in November, but even that figure is exaggerated. It includes some investments announced under President Biden and trade goals that the U.S. is a
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