"The White House will spend $377 million for renovations and repairs for the presidential residence this year, according to the president's budget released on Friday."
"The money mostly comes from donors, an Office of Management and Budget official told Fortune."
"In October, the White House released a list of 37 donors who are funding the East Wing renovations, including Big Tech companies such as Meta Platforms, Apple, Google, and Amazon."
"These figures represent money already in the government accounts, not a request from Congress for more funding, the official said-an important distinction as many other parts of this budget, such as the record-breaking ask of $1.5 trillion in military spending for next year, are new requests for Congress to approve."
The White House is set to allocate $377 million for renovations and repairs in the current fiscal year, with an additional $174 million estimated for fiscal year 2027. This represents an 866% increase from the $39 million spent in fiscal year 2025. Funding primarily comes from donors, including major tech companies and individual philanthropists. The budget will cover various repair and renovation costs, with no new requests for additional funding from Congress, distinguishing it from other budget items.
Read at Fortune
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