President Donald Trump confirmed on Thursday that his administration is considering an outright government purchase of Spirit Airlines. Speaking from the Oval Office following a meeting with Israeli and Lebanese officials—where he announced a three-week ceasefire extension—the President suggested the move would protect 18,

Sen. Ted Cruz called the Trump administration's proposed Spirit Airlines bailout an "absolutely terrible idea" as the carrier faces bankruptcy.

President Donald Trump is suggesting the federal government could help keep Spirit Airlines afloat while also calling for a buyer to step in.