WASHINGTON (AP) — Hillary Clinton said during the first presidential debate that Donald Trump received $14 million from his father to start his business.
Here’s how the claim stacks up with the facts:
TRUMP: “My father gave me a small loan in 1975…”
THE FACTS: Trump got a whole lot more than a small loan. Aside from a $1 million financing from his father, Trump received loan guarantees, bailouts and a drawdown from his future inheritance.
Reporter Tim O’Brien noted in a 2005 book that Trump not only drew an additional $10 million from his future inheritance during hard times, but also inherited a share of his father’s real estate holdings, which were worth hundreds of millions when they were eventually sold off.
EDITOR’S NOTE: A look at the veracity of claims by political figures
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