Trump Says US Still Looking at Spirit, Will Give Final Proposal

Summary

President Trump comments on a potential rescue plan for Spirit Airlines, stating the government is looking at it and will make a final proposal soon. He emphasizes that any deal must be good for the government, and that lenders will be bumped down in priority. Trump mentions saving jobs but notes that no institution has been able to make a deal work.

• Trump says the government is still evaluating a rescue for Spirit Airlines.
• A final proposal will be announced today or tomorrow.
• Any deal must be a good deal for the government.
• Other lenders are balking because they would be subordinated.
• Trump emphasizes 'America first' and government priority.
• The airline employs about 14,000 jobs at risk.
• No institution has been able to make a deal work so far.
• The comments were made to reporters at the White House.