Summary
The video covers President Trump's renovation of the Lincoln Memorial Reflecting Pool, including cost overruns and scrutiny over a no-bid contract. The project's price tag has risen from $1.8 million to $13.1 million, with an unusually high profit margin for the contractor. The president wants completion before July 4th.
- President Trump is renovating the Lincoln Memorial Reflecting Pool.
- The project cost has increased from $1.8 million to $13.1 million.
- A no-bid contractor, Atlantic Industrial Coatings, is receiving an unusually high profit margin.
- The National Park Service analysis found the profit margin adds at least $850,000 to the cost.
- The Interior Department cites the tight deadline for the higher price.
- Preservationist groups have sued to stop the work.
- The president wants the project complete before the July 4th weekend.