The latter appears to be less than a third of the former. Just look at this chart showing the differences between what the former president raised off of his first indictment over the STORMY DANIELS hush money scheme and the haul following the federal charges over his alleged mishandling of classified documents in June. Trump’s political committee … is believed to be larger than any other refund on record in the history of federal campaigns.”Ĭalifornia GOP consultant Rob Pyers flags an even more troubling trend for Trump: His greatest fundraising asset - the ongoing state and federal prosecutions targeting him - may be losing potency.
HOUSE BURNING DOWN IM FINE MEME TV
for TV ads supporting his White House bid, the story continues: “The extraordinary shift of money from the super PAC to Mr. Indeed, Trump’s leadership PAC, Save America, was so strapped for cash that it requested to recoup $60 million it had previously donated to MAGA Inc. The lead is just as eye-popping: “Trump’s political action committee, which began last year with $105 million, now has less than $4 million left in its account after paying tens of millions of dollars in legal fees for Mr. The NYT’s Maggie Haberman, Shane Goldmacher and Jonathan Swan put it fairly bluntly in this buzzy headline that popped overnight: “After Paying Lawyers, Trump’s PAC Is Nearly Broke.”
SO WHERE IS THE MONEY GOING? You probably guessed: Much is heading to cover legal bills. But a general election is going to need every penny in a rematch with President Joe Biden. Sure, he might well be able to stampede his way through the primary, given that he’s leaps and bounds ahead of the rest of the pack. That foreshadows a long-term issue that could bedevil Trump as the election cycle plays out. But as our colleagues Jessica Piper and Zach Montellaro report this morning, “his committee and its two affiliates - the former president’s official campaign and his leadership Save America PAC - have collectively spent $57 million over the same period.”Īnother super PAC supporting Trump, Make America Great Again Inc., raised $14.6 million over half of the year but spent $25.6 million. Trump-affiliated committees have spent more than they’ve raised so far this year, filings indicate - a staggering burn rate given that Trump’s joint fundraising committee reported raising $53.8 million in the first half of the year. What we didn’t realize until last night’s Q2 PACs-and-parties filing deadline? That he’s been an even bigger money-spending machine - raising questions about whether his financial woes have spilled out of the hotel business and into the political arena. TRUMP’S MONEY WOES - We knew Trump was a money-raising machine. Biden remains broadly unpopular among a voting public that is pessimistic about the country’s future, and his approval rating is a mere 39 percent.” “Still, warning signs abound for the president: Despite his improved standing and a friendlier national environment, Mr. Epstein, Ruth Igielnik and Camille Bake write. “President Biden is heading into the 2024 presidential contest on firmer footing than a year ago, with his approval rating inching upward and once-doubtful Democrats falling into line behind his re-election bid,” NYT’s Reid J. NEW NYT/SIENA POLL - President JOE BIDEN and DONALD TRUMP are tied at 43 percent apiece in a new national poll published this morning women’s national soccer team squeaked through to the World Cup knockout round overnight after managing a 0-0 tie with lowly Portugal. What we didn’t realize until last night’s Q2 PACs-and-parties filing deadline? That he’s been an even bigger money-spending machine | AP DRIVING THE DAY
We knew President Donald Trump was a money-raising machine.
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