Trump Requests $500M for Penn Station Renovation, $1B for GM Retiree Benefits
President Trump has asked Congress for $500 million to renovate New York's Penn Station and $1 billion to enhance retirement funds for workers who lost benefits during GM's insolvency.
The White House announced that President Trump is requesting $500 million from Congress for the renovation of New York's Penn Station.
Separately, the administration is seeking $1 billion to bolster retirement funds for employees who forfeited benefits during the General Motors insolvency. The request aims to compensate those affected by the company's restructuring.
Source: First Squawk