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🗓️ 24 February 2024
⏱️ 44 minutes
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| 0:00.0 | The clock has officially started. |
| 0:04.0 | Today the judge overseeing Donald Trump's civil fraud case |
| 0:08.0 | officially entered into the record an order that forces Trump to pay the |
| 0:12.0 | 454 million, including interest, he owes the state of New York |
| 0:17.5 | within the next 30 days. Mr. Trump will also have to make a daily interest payment of $111,000 for each day he does not fork up the cash. |
| 0:29.4 | If you're doing the math at home here, that is another million dollars roughly every nine days. Not long |
| 0:36.0 | after that order came down today, Trump's attorneys in the E. Jean Carroll |
| 0:39.6 | lawsuit filed a motion to request extra time to pay the $83 million he owes in that case. |
| 0:46.6 | Between these two lawsuits Donald Trump is on the hook for more than half a billion |
| 0:51.4 | dollars and it is totally unclear if Donald Trump actually has |
| 0:55.8 | that much money at his disposal. Trump claimed in a deposition last April |
| 1:00.4 | that his business had 400 million dollars of cash on hand, which is a lot of money. |
| 1:06.6 | But it is considerably less than what he owes right now. |
| 1:10.5 | New York Attorney General Letitia James has already said she will start seizing Trump's assets if he does not pay. |
| 1:17.0 | So Donald Trump is in a bind. |
| 1:20.0 | He could try to borrow the $454 million. |
| 1:22.8 | He owes New York State. |
| 1:24.9 | But that would require someone to actually lend Trump that much money. |
| 1:29.6 | And Donald Trump already owes a lot of money |
| 1:32.0 | to a lot of people. |
| 1:33.6 | We don't have a completely current snapshot of Trump's finances, but according to the financial |
| 1:37.8 | disclosure forms he filed to run for president in 2024, as of a year ago, |
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