Eric Trump's Response To NYT Report Alleging Pay-To-Play: 'We've Lost A Fortune'

Eric Trump danced Sunday to questions from ABC News' Jon Karl about an explosive New York Times report that hundreds of companies patronized Trump real estate and received federal contracts and favors from President Donald Trump and his administration.
In its investigation, published Saturday, the Times found that more than 200 companies, stakeholders and foreign governments "reap benefits" while spending money at various Trump hotels, golf clubs and other businesses.
"A lot of details in this story," Karl said to Eric Trump, the second oldest of Trump's three sons. "You didn't reply to the New York Times. Here's your chance. What's your answer?"
Eric Trump did not dispute any of the specific allegations in the Times report, which was based in part on President Trump's tax records and membership records on at least two of his properties. Instead, Eric Trump, executive vice president of the Trump Organization, said his family had been causing bleeding in recent years.
"My answer is: We have lost a fortune," said Eric Trump to Karl. "My father lost a fortune running for president. He doesn't care. He doesn't care. He wanted to do what was right. The last thing Donald Trump needs in the world is this job."
President Trump "wakes up in the morning and has to fight you and he has to fight all the media and he has to fight the Democrats," he added. "He doesn't have to shop. My father lost a fortune - an absolute fortune - doing what he does."
Karl interrupted Eric Trump to urge him for an answer to the question, but the president's son turned to an attack on Democratic presidential candidate Joe Biden instead.
"Eric, are you going to bring up what the New York Times revealed in its investigation?" Said Karl. “All of these companies and individuals who have spent money - a lot of money - in Trump real estate have received major government contracts and other favors from the Trump administration. How is that not at least a giant semblance of a conflict of interest? "
Eric Trump again refused to go into the details.
"We are a hotel company," he said. “We have tens of millions of people in our homes every year. The New York Times is absolutely bogus news. They just want to finish off my father. "
Then he falsely accused "the media" of being "the activist arm of the Democratic Party".
"Eric, we're asking legitimate questions," Karl replied.
The Times' story of the alleged pay-to-play system was the latest in a series of investigative reports into Trump's tax records. Trump has refused to publish his tax returns and has cited an ongoing audit of his finances by the Internal Revenue Service.
The Times, which had received decades of tax papers from Trump, found that President Trump had not paid federal income tax for 11 of the 18 years the newspaper examined. He paid just $ 750 in federal income tax in 2016 and 2017.
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This article originally appeared on HuffPost and has been updated.

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