Reposted by Federica Cocco
Since President Trump took over the Kennedy Center, the institution has borrowed everything its bank would lend it, dipped into money donors had given on the condition it never be spent and written off pledges from supporters who stopped paying. By @federicacocco.bsky.social & @naemas.bsky.social:
washingtonpost.com
The Kennedy Center was solvent when Trump took over. Then its finances collapsed.
The Post examined 15 years of the institution’s financial records to see why it went south after the president took over.