Trump admin live updates: Crypto, Bibles, properties -- how Trump made $600M in 2024
Income from resorts, golf courses
The report also shows that Trump made over $50 million in “resort related revenue” in 2024 from his Mar-a-Lago resort in Florida, which has become a central location for Trump during his presidency and where government officials and businessmen alike have flocked to spend time with the president.
His most lucrative golf course was his Doral club, which earned him more than $110 million in 2024, the filing shows.
He made roughly $33 million from his Bedminster golf club; $28 million from his Jupiter golf club; $29 million from his golf club in West Palm Beach; and $20 million from his Virginia golf club near Washington, D.C.
-ABC News' Soo Rin Kim and Olivia Rubin
Speaker Mike Johnson celebrated the passage of the $9.4 billion package to codify DOGE cuts to foreign aid and public broadcasting in the House.
“This is a long time overdue. We just had an important vote here on the floor. Today's passage of this initial rescissions package marks a critical step towards a more responsible and transparent government that puts the interest of the American taxpayers first.
We want to thank DOGE for their heroic and patriotic efforts that work led to this,” Johnson told reporters in the Capitol after the vote.
Johnson said the package is “just one of the ways” Republicans are codifying DOGE cuts. “There’ll be more of this in the days ahead,” he added.
“This is a good day for the House chamber. This the first rescissions package now passed through the House. I expect it will pass through this Senate,” he concluded.
-ABC News’ Lauren Peller
A new analysis from the bipartisan Congressional Budget Office released Thursday shows the House-passed Trump megabill would reduce “resources” of the poorest U.S. households by about $1,600 per year while households in the top 10% would see gains of about $12,000 per year.
Overall, the megabill would benefit high-earners most but reduce financial resources to lowest-income households.
In addition, the lowest-earning 10% would see a 3.9% income cut while the highest-earning 10% would get a 2.3% income boost.
-ABC News’ Lauren Peller
House Speaker Mike Johnson called the recessions package vote a "critical step toward a more responsible and transparent government that puts the interests of the American taxpayers first" and thanked DOGE for its work to identify spending cuts.
"Under President Trump's leadership, your taxpayer dollars are no longer being wasted. Instead, they are being directed toward priorities that truly benefit the American people," Johnson said.
The measure did face opposition, though, among a handful of Republicans.
The four House Republicans who voted against the package to codify DOGE cuts were Reps. Mark Amodei of Nevada, Brian Fitzpatrick of Pennsylvania, Nicole Malliotakis of New York and Mike Turner of Ohio.
-ABC News' Lauren Peller
ABC News
