Spirit Airlines Bailout Talks

The potential bailout has sparked a fierce debate among Republicans, with some conservatives condemning the plan as 'corporate welfare.' President Trump has suggested that a taxpayer takeover might be a good investment, with the goal of reselling the carrier once fuel prices stabilize.

Spirit's financial situation has deteriorated rapidly as the war in Iran has driven up jet fuel costs by nearly 20%.

The administration's intervention would mark a significant departure from traditional free-market principles.