Trump Doubles Down on “America Last” Argentina Bailout, Bringing Total to $40 Billion

Donald Trump’s Treasury Secretary Scott Bessent announced that the administration is working on sending another $20 billion to Argentina, bringing the total to $40 billion for Argentina’s economy — more than it would cost to pay for Affordable Care Act tax credits for two years — as working families brace for skyrocketing health care premiums because Trump refuses to reopen the government and extend these subsidies. American families and farmers are struggling under the weight of Trump’s failed economy as he sends billions overseas.  

In response, DNC Rapid Response Director Kendall Witmer released the following statement: 

“Turns out ‘America First’ was just another one of Donald Trump’s lies. Trump is sending billions of dollars overseas to enrich his wealthy friends while American families and farmers bear the brunt of his disastrous economic policies. Families are struggling to afford everything from rent to groceries, and farmers are on the brink of bankruptcy — and there’s no end in sight as Trump’s government shutdown continues and Americans brace for skyrocketing health care premiums. Trump is happy to send billions to his buddies in foreign countries, but when it comes to health care for working families, he’s not willing to spend a penny. That’s not America First — it’s Donald Trump First and America Last.”

First, Donald Trump and his Treasury Secretary Scott Bessent bailed out Argentina’s economy to the tune of $20 billion. Then, a bombshell report revealed that Trump and Bessent’s bailout will benefit longtime wealthy fund manager Rob Citrone, an ally of Trump and Bessent. Now, Trump and Bessent are plotting to secure another $20 billion for Argentina — spitting in the face of American families and farmers who are struggling to make ends meet.