"President Trump has reached an informal deal with Boeing on a fixed price contract for the new Air Force One Program," White House spokesman Hogan Gidley told CNN. A White House official told CNN that the $3.9 billion deal would save taxpayers around $1.4 billion from the original estimate of over $5 billion for the two new planes. "Boeing is building a brand new 747 Air Force One for future presidents, but costs are out of control, more than $4 billion," Trump wrote. — Donald J. Trump (@realDonaldTrump) December 6, 2016Before the tweet, Trump told reporters that the cost of Air Force One were "ridiculous." The White House is touting this $3.9 billion deal as providing savings of more than $1 billion, an example of Trump's deal-making skills.

Source: CNN February 27, 2018 16:25 UTC