Trump's "Golden Fleet" Could Cost Taxpayers More Than $455 Billion
August 06, 2026
August 06, 2026
WASHINGTON, Aug. 6 -- Sen. Jeff Merkley, D-Oregon, ranking member of the Senate Budget Committee, issued the following news release on Aug. 5, 2026:
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Trump's "Golden Fleet" Could Cost Taxpayers More Than $455 Billion
Initial Ship Estimated at $23.4 Billion, Each Additional Ship Could Cost $18 Billion
If Tonnage of Ships Increases Beyond 35,000 Ton Estimate, Costs Will Increase Significantly
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Today, . . .
* * *
Trump's "Golden Fleet" Could Cost Taxpayers More Than $455 Billion
Initial Ship Estimated at $23.4 Billion, Each Additional Ship Could Cost $18 Billion
If Tonnage of Ships Increases Beyond 35,000 Ton Estimate, Costs Will Increase Significantly
-
Today, . . .