Business
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Trump initially disclosed the loan at a debate, saying it was $1 million—“not very much compared to what I’ve built,” CNN reported. He echoed the statement this past spring. “Believe me, I started off with $1 million,” Trump said at the time. “I built a company that’s worth more than $10 billion. And I say it not in a bragging way, but that’s the kind of thinking we need.” But a Wall Street Journal investigation published earlier uncovered a document showing that, in 1985, Trump owed his dad and his dad’s companies roughly $14 million—a value of $31 million in today’s dollars. A spokesman for the Trump campaign told the Journal Trump had previously been talking about a 1968 loan that was, indeed, just $1 million—a value of $6.9 million in today’s dollars.