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Remarks in an Exchange With Reporters Aboard Air Force One En Route to Waterford Township, Michigan
Published by Compilation of Presidential Documents (GovInfo) on July 27, 2026.
Official transcript of Trump's July 27 answer on where the Venezuela money goes
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… We paid for the war many times over. Q. But where is that money going in the—— The President. Which, by the way, no other President can say that for a long time. Okay? When was the last President they could say that? So we had a cost of Venezuela. We paid for it many, many times over. And now, as you know, we have a very good relationship with Venezuela. Q. But where is that money going? The President. Goes toward running the country. Q. No, in the U.S.—the money that the U.S. is taking in, where is that money going? The President. From Venezuela? Q. Yes. 3 --- <!-- page 4 --> The President. Toward running the country. It can go to the military. You know, Congress has to approve it. Congress doesn't like approving money for the military. They like giving it to things that shouldn't be done. But we're taking in a lot of money, billions and billions of dollars from Venezuela. That will …
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- The U.S. took in $12 billion for Venezuela's oil. Nearly all of it went back to Venezuela. · cited for What Trump's 'paid for the war' refers to
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Timeline entries this record anchors: Trump says the war is paid for many times over.