Trump says he 'probably' owes money to a foreign bank. He definitely does.

President Trump insists his hundreds of millions of dollars of debt isn't a big deal.

Trump's tax returns obtained by The New York Times reveal he owes $421 million in debt, something he didn't deny to NBC News' Savannah Guthrie during his Thursday town hall. Instead, he tried to play the massive sum off as a "peanut" in comparison with his net worth, insisting it was a natural piece of running a real estate business to "mortgages" in his name.

But when Guthrie asked Trump just who he owed that money to, he wouldn't say. "No, I don't owe Russia money," Trump claimed, but didn't explain further.

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It's been widely reported — and actually disclosed by Trump — that Trump owes millions of dollars to the German-run Deutsche Bank, which reportedly extended him loans despite knowing he inflated his net worth. Kathryn Krawczyk