• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

GOP blocks Schumer’s effort to ground taxpayer funding for Trump’s Qatari Air Force One

by July 22, 2026
written by July 22, 2026

President Donald Trump’s new Air Force One will remain in service, for now, after Senate Republicans blocked an attempt to prevent taxpayer dollars from upgrading the aircraft.

Democrats have spent the last year sounding the alarm over the Boeing 747-8 luxury jet gifted to Trump by Qatar over the hefty price tag to retrofit the aircraft and the security risks that it could pose in serving as the main plane for the president.

After Trump’s surprising admission over the weekend about the jet, which was unveiled as the latest addition to the Air Force One fleet by the White House last month, Senate Minority Leader Chuck Schumer, D-N.Y., tried to halt any taxpayer funds from flowing to the project.

NEW AIR FORCE ONE TAKES FLIGHT AS TRUMP UNVEILS REVAMPED PRESIDENTIAL AIRCRAFT

The administration estimated that upgrading the aircraft, which already has a base value of $400 million, could cost up to $1 billion. 

“The luxury jet may have come wrapped in a bow for Donald Trump, but it came with a massive price tag for the American people,” Schumer said on the Senate floor. “Trump is asking taxpayers to fork over an estimated $1 billion to retrofit, and max out his flying palace, so it can meet the security standards of the existing Air Force One fleet.”

“That, of course, we already paid for,” he continued. “Americans can’t afford gas, can’t afford groceries, can’t afford their electric bill. But Trump thinks they can afford to fly him in style.”

Schumer tried to forcefully pass his bill, Presidential Airlift Security Act, Wednesday afternoon, which would require that no Department of War funding may go to the purchase, modification, restoration or maintenance of an aircraft previously owned by a foreign government.

TRUMP SAYS HE’S IRAN’S ‘NO. 1’ TARGET AS RENEWED CONFLICT RAISES ASSASSINATION FEARS

And it comes after Trump, after pressure from the Secret Service, opted to fly back to the U.S. from Turkey in a different plane than the new Air Force One because of a lack of proper security enhancements, like countermeasures for heat-seeking missiles.

Trump told reporters on Sunday, when asked why the deterrence systems weren’t visible on the new plane, said that the plane, “has a lot of capability, but as I understand it, in about a month or so, they’re going to send it to have it be maxed out.”

SENATE DEMS DRAW RARE LINE AGAINST MUST-PASS PENTAGON BILL

White House Press Secretary Karoline Leavitt confirmed Trump, and told reporters on Monday that while the new Air Force One is “perfectly safe for the president’s travels,” it was slated to receive additional upgrades and enhancements in the fall that would keep the plane on the ground for a month.

“During that time, the president will fly on the old Air Force One,” she said.

Schumer’s gamble was promptly blocked by Sen. Deb Fischer, R-Neb., who argued that the legislation was more far reaching than just halting taxpayer dollars from upgrading the Qatari jet, and hamper the country’s capabilities in the face of a nuclear threat.

“Unfortunately, this legislation would also apply to a different aircraft, the Survivable Air Operations Center aircraft, or SAOC,” Fischer said. “Those aircraft were actually purchased from Korean Air. So this legislation would hamper a crucial program that ensures presidential safety in the event of a nuclear war.”

She argued that the SAOC played a crucial role in the nation’s planning in response to a nuclear threat — Nuclear Command, Control, and Communications, known as NC3 — and that Schumer’s move would “significantly harm” the country’s key nuclear deterrent.

“This is the plane that will command and control our nuclear weapons on America’s worst day. We cannot play these political games with the NC three,” Fischer said.

This post appeared first on https://www.foxnews.com

0 comment
0
FacebookTwitterPinterestEmail

previous post
Inside NYC’s ‘perfect scam’: Luxury cars, dusty shelves and the EBT secret behind the counter
next post
Mamdani sets internet ablaze with video explaining cave on plan to arrest Netanyahu: ‘What a joke’

related articles

Springsteen, other stars share stage with hardcore leftist...

October 5, 2026

Trump drops Republican Senator’s phone number in social...

October 5, 2026

Firebrand GOP rep: Democrats side with Iran ‘simply...

October 5, 2026

Tennessee prison chief resigns after failed execution as...

October 5, 2026

State’s largest mosque leader’s deportation fight takes dramatic...

October 1, 2026

Trump handing 1 million Americans Obamacare refund checks...

October 1, 2026

Iranian negotiators kicked out of US as talks...

October 1, 2026

10 Democrat-held House seats Republicans could flip to...

October 1, 2026

Trump’s new high-tech government hub holds some bizarre...

October 1, 2026

Election crime arrests keep piling up as Dems...

October 1, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Top media networks put on notice after refusing to air Trump’s primetime address: ‘Serious concerns’

    July 21, 2026
  • Gap stock rises as Michael Francis takes Old Navy CEO role amid struggles

    August 28, 2026
  • Workday stock jumps 5% after earnings beat, but analysts split on AI growth outlook

    August 28, 2026
  • Sky to buy ITV broadcast and streaming assets in $2.13B acquisition

    July 6, 2026
  • Here’s why the Enbridge stock is in a strong downward trend

    September 11, 2026

Popular Posts

  • 1

    Intel, AMD stocks slide again in aftermath of Broadcom’s weak outlook

    June 5, 2026
  • 2

    CoreWeave stock jumps 10% as analysts see major backlog upside

    June 16, 2026
  • 3

    Dow tumbles 680 points as chip rout sends Nasdaq to biggest drop since 2025

    June 5, 2026
  • 4

    Wedbush makes a strong case for buying the dip in Planet Labs stock

    June 5, 2026
  • 5

    Wedbush makes a strong case for buying the dip in Planet Labs stock

    June 5, 2026

Categories

  • Editor's Pick (711)
  • Investing (1,927)
  • Stock (90)

Latest Posts

  • Lucid Group stock has crashed amid bankruptcy fears: Is it safe to buy the dip?

    July 15, 2026
  • Lloyds share price is up 47% in 12 months: why it may soar to 141p

    July 9, 2026
  • Here’s why SK Hynix stock is skyrocketing today

    September 9, 2026

Recent Posts

  • Trump recalls Netanyahu’s failed push to kill Obama Iran deal, says he finished the job

    June 17, 2026
  • Federal Communications Commission scraps limit on broadcast TV ownership

    August 8, 2026
  • Dem House candidate’s 2013 arrest resurfaces in pivotal race for control of Congress

    August 24, 2026

Editor’s Pick

  • Iran’s regime spins nuclear and Strait of Hormuz deal with Trump as victory over US, Israel

    June 15, 2026
  • Tom Lee calls chip-stock selloff a textbook buying opportunity

    June 25, 2026
  • Here’s why the KOSPI index is plunging on Oct. 12

    October 12, 2026
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock