Tiny Red HandsOpen ledger

America First Audit

About this audit and its evidence

Trump sold “America First.” This record traces how public money, power, and risk moved toward family businesses, donors, favored firms, and foreign governments: and what workers, ranchers, retirees, patients, veterans, and small investors were left to absorb.

Reversal ledger

Oldest to latest by event date. Each stop is one dated case.

Taj Mahal debt restructuring

partly-kept
Promised
Trump said corporate bankruptcy law had produced advantageous outcomes for his companies, himself, employees, and family.Open cited record · 1 source
The record
Trump Taj Mahal Associates filed for Chapter 11 protection under a negotiated restructuring plan.Open cited record · 3 sources
Who paid
Bondholders exchanged debt for ownership while the casino continued operating.Open cited record
  • Taj Mahal bondholders
  • Trump Taj Mahal Associates
Audit finding
partly kept

The restructuring contradicted the launch's financial-success promise, while the casino continued operating and Trump retained an ownership interest.

Causal strength: documented mechanism