President Trump stated on July 27 that the United States is taking in billions of dollars from Venezuela to pay for war costs.
Posted by The MeidasTouch Podcast, Checked
- Sources
- 4 support1 context
- Said
- 1 time·
- Confidence
- 85%
The MeidasTouch PodcastSep 15, 2026
Multiple outlets report that Trump said on July 27, 2026, aboard Air Force One that the U.S. had taken in '$13 billion from Venezuela? I think even more than that. We've paid for that war many times over.' That supports both the claim that the U.S.
What was said
… Have you reviewed any of their national work products? My staff reviews them every day. Okay, do you know, are any of the cash flows that are flowing flowing to the U.S. Government, U.S. Persons, or U.S. Corporations? I have no knowledge of that. Okay, because President Trump said on July 27th, "We've paid for that war many times over. We're taking in a lot of money, billions and billions of dollars, from Venezuela." Who is the "we" that he is referring to? I think President Trump may have been referring to the oil deal that the Department of War has done with Venezuela, but he seemed to imply that we, the United States people, are taking in money to offset those costs. …
The MeidasTouch Podcast · · from the transcriptPost →What we found
Supports. CNBC TV18 reports Trump said on July 27 that Washington had collected 'more than $13 billion' from Venezuelan crude sales and had recovered the costs of its military campaign 'many times over.'[2]
Supports. House Oversight Democrats' letter, citing the same July 27 remarks, quotes Trump saying 'we paid for it many, many times over' and that the U.S. had taken in 'even more' than $13 billion from Venezuela.[1]
Supports. The New Republic and Truthout both report the July 27 Air Force One exchange, in which Trump said the U.S. had taken in billions from Venezuela and had 'paid for that war many times over.'[3][4]
Context. Trump's remarks did not specify how the money was used; he said it 'goes toward running the country' and 'can go to the military' subject to congressional approval, so the 'war costs' link rests on his own phrasing about paying for the war.[2][5]
Context. The claim's wording 'billions of dollars' matches the reported figure of more than $13 billion; the extraction faithfully reflects the passage's quotation.[5]
Sources
5 sources: 1 primary, 4 not rated
- 1oversightdemocrats.house.gov › imo › media2026-08-04.Garcia to Treasury re Venezuela Oil Revenueoversightdemocrats.house.gov · primary source · cited for: supports
- 2Trump dodges questions on Venezuela oil proceeds, says US has earned over $13 billion and 'paid for that war'cnbctv18.com · not rated · cited for: supports, context
- 3How Republicans Plan to Talk Around Trump Ahead of Midtermsnewrepublic.com · not rated · cited for: supports
- 4Trump Says US Has Taken “Billions and Billions” From ...truthout.org · not rated · cited for: supports
- 5Trump cites over $13B US gains from Venezuela oil, says ...english.sun.mv · not rated · cited for: context
Where this claim was made
Said in 1 published post