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Yes Virginia, it was 3.1 billion not 2.7.

Yes Virginia, it was 3.1 billion not 2.7.

You all saw the left claim that Trump was including a building that was finished five years ago. And that's true. Finished within budget under Trump.

What's left out is that building was also updated in this 2022. In response, former Office of Management and Budget (OMB) General Counsel Mark Paoletta provided documentation confirming that Trump’s figures were accurate. See below.

https://twitter.com/i/status/1948561076208964057

“FRB documents show FRB 2022 Budget adopted in November 2021 was $1.4 billion for the Eccles and 1951 Building portion of the FRB HQ project, and a total budget for all three buildings comprising the FRB HQ (including the Martin Building) of $1.8 billion.”

Paoletta continued, “FRB 2025 Budget shows costs for Eccles and 1951 are now $2.5 billion – a more than $1 billion cost overrun for the current project (all incurred after Trump 45) – bringing the total cost of the Fed’s HQ renovation for all three buildings to $3.1 billion.”

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