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Trump campaign funds going to legal bills
Posted on: April 7, 2024 at 18:59:21 CT
Ace UNC
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Donald Trump is in a “full sprint” to narrow President Biden’s substantial fundraising advantage, and talked to or met with big-money donors almost every day this week ahead of a blowout gala in Palm Beach on Saturday night, people familiar with his efforts said.
Trump’s team is aware that it is behind and wants to catch up quickly, according to one of the people familiar with its fundraising who, like others, spoke on the condition of anonymity to detail private activities.
Trump’s fundraising team has been asked to secure as many checks as possible as soon as possible to boost the former president’s numbers. Republican officials are eager to narrow the gap so they can compete with Biden’s field effort and advertising campaigns. They hope to ensure that GOP candidates win up and down the ticket. But Trump’s legal woes are placing a strain on several of his political committees.
The Trump campaign and RNC said this week that they raised more than $65.6 million in March and ended the month with about $93 million on hand, a dramatic improvement over their February results.
But Trump’s fundraising machine remains far behind Biden’s, which had an earlier start in fundraising from wealthy donors through shared accounts with national and state parties. Biden brought in more than $90 million in March. The broader Biden effort ended the month with $192 million in cash on hand, more than double what Trump controlled.
Trump’s campaign finance reports in recent months have shown the tremendous strain that his legal troubles are placing on his broader fundraising effort. Reports filed in January showed that two of Trump’s committees, the Save America leadership PAC and the Make America Great Again PAC, spent $55.6 million on legal bills in 2023 as Trump fights felony charges in four criminal cases.
In February, the Save America PAC spent more than it raised — with the majority of its money going to legal costs. Before Trump joined forces with the RNC to raise money through the new joint fundraising committee, he was leaning heavily on his own small-dollar donors to help pay his legal bills through his own committees. For each dollar raised into his joint fundraising account, he would divert 90 cents to his campaign committee and 10 cents to the Save America leadership PAC.
Trump’s team is aware that it is behind and wants to catch up quickly, according to one of the people familiar with its fundraising who, like others, spoke on the condition of anonymity to detail private activities.
Trump’s fundraising team has been asked to secure as many checks as possible as soon as possible to boost the former president’s numbers. Republican officials are eager to narrow the gap so they can compete with Biden’s field effort and advertising campaigns. They hope to ensure that GOP candidates win up and down the ticket. But Trump’s legal woes are placing a strain on several of his political committees.
The Trump campaign and RNC said this week that they raised more than $65.6 million in March and ended the month with about $93 million on hand, a dramatic improvement over their February results.
But Trump’s fundraising machine remains far behind Biden’s, which had an earlier start in fundraising from wealthy donors through shared accounts with national and state parties. Biden brought in more than $90 million in March. The broader Biden effort ended the month with $192 million in cash on hand, more than double what Trump controlled.
Trump’s campaign finance reports in recent months have shown the tremendous strain that his legal troubles are placing on his broader fundraising effort. Reports filed in January showed that two of Trump’s committees, the Save America leadership PAC and the Make America Great Again PAC, spent $55.6 million on legal bills in 2023 as Trump fights felony charges in four criminal cases.
In February, the Save America PAC spent more than it raised — with the majority of its money going to legal costs. Before Trump joined forces with the RNC to raise money through the new joint fundraising committee, he was leaning heavily on his own small-dollar donors to help pay his legal bills through his own committees. For each dollar raised into his joint fundraising account, he would divert 90 cents to his campaign committee and 10 cents to the Save America leadership PAC.
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Trump campaign funds going to legal bills - Ace AU - 4/7 18:59:21
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