Trump entered June with just $1.3 million in the bank, while Clinton sat on $42 million war chest

[onehandle]

Source: Washington Post

Presumptive GOP nominee Donald Trump loaned his campaign $2.2 million in May and collected $3.1 million in donations, ending the month with less than $1.3 million in bank, according to new campaign finance filings.

The real estate mogul's meager cash flow spotlighted the urgent need for him to dramatically ramp up the fundraising he's doing in conjunction with the Republican National Committee, a task he has fitfully embraced.

Trump's small haul came as presumptive Democratic nominee Hillary Clinton continued to stockpile money: she raised more than $28 million in May and started June with $42 million in cash. Clinton brought in nearly a third of her campaign funds last month through the Hillary Victory Fund, a joint fundraising committee with the Democratic National Committee and 32 state parties.

The billionaire developer has now loaned his campaign a total of $45.7 million and given it another $400,000, while collecting $17 million in contributions. In late May, Trump set up two joint fundraising committees with the RNC, a move that was supposed to help him and the party tap into a gusher of cash. But GOP fundraisers have said it has been difficult to line up donors to bundle checks from their friends and family.

Read more: https://www.washingtonpost.com/news/post-politics/wp/2016/06/20/trump-entered-june-with-just-1-3-million-in-the-bank-while-clinton-sat-on-42-million-war-chest/

---

My original OP before I found a link:

Trump Releases Fundraising Numbers: 1.3 Million Cash On Hand

Reported live on MSNBC.

3.2 million total this month. This is virtually nothing.

Hillary raised 28 million this month. Even Romney raised 17 Million this same month in 2012.

I bet Bernie raised at least 10 million or more, his numbers are not out yet.

[herding cats]

1. I knew it was bad.

Just not that bad.

The RNC is going to go broke propping up his campaign.

[onehandle]

2. Every dollar they burn on him is a dollar lost to Congressional campaigns.

[herding cats]

4. I'm loving watching this evolve.

It's actually turning out to be worse than even I expected. Which is saying a lot!

[63splitwindow]

3. Why donate- he's repeatedly bragged he doesn't need it...

[herding cats]

5. Which big money donors have mentioned to the RNC.

Seriously. You can't make this stuff up!

[63splitwindow]

7. ...

[herding cats]

8. Exactly!

Well done!

[Astraea]

6. Does he really need it?

The media give him free advertising anyway.

[63splitwindow]

10. When all the free stuff is negative...

Yeah, you betcha it is needed.

[Drunken Irishman]

46. Yes.

Media attention is only half the equation in a general election campaign. It might work in a primary, where you're going after isolated voters, but overall, especially when the message is negative, you need some counter. Trump gets headlines, but he also gets a lot of negative press along with it. The thing is, though, general election campaigns are so different than primary campaigns that you do need a major investment at the local level. Where Trump thrived was building momentum out of victories. That doesn't exist in a general, as each state votes the same way.

If he has no money to build a ground infrastructure, especially in battle ground states, he's going to be in a lot of trouble.

[BlueMTexpat]

59. And I LOVE that!

I know that I am a BAD person to be so happy about Trump's financial misfortune. But I just can't help myself!

[bluestateguy]

9. That's enough to pay the rent at Trump Tower for maybe 2 months

nt

[olddad56]

51. I doubt it, I'll bet everything he owns is mortgaged to the hilt.

he is such a flim flam man.

[Joe Bacon]

11. There's a Mega Millions Jackpot tomorrow!

All Trump has to do is buy several million tickets!

[totodeinhere]

12. Trump doesn't think he needs all that cash. During the primaries Jeb Bush outspent him

by better than 10-1 and got drubbed anyway.

My point is that this is no reason for complacency.

[Recursion]

34. Agreed about complacency, but his earned media strategy works against him in the General

Even as his support among Republicans grew from his outbursts (that's the "earned media&quot his disapproval among the general election shot up. That's pretty much a one for one tradeoff, and he's not going to win with the 40% of the Republican party that he already has.

[Bernardo de La Paz]

44. Yes no need for D complacency. Must win State Legislatures to kill gerrymander & Senate for SCOTUS.n

[Drunken Irishman]

47. No need for complacency but a general is vastly different than a primary.

In a primary, you're not running a 50 state campaign - or even a 20 state campaign. You're essentially focused on a collection of states to build momentum and then you use that momentum to win in other states. Trump didn't need to spend gobs of cash because his focus all along was those early primary states.

But with him at the top of the ticket, he's going to be forced to defend way more states than a typical Republican. Take Utah for example. That's like a Democrat defending Vermont, campaigning in Vermont, and yet that's what's happening to Trump. So, not only does he have to focus on states like Ohio, Virginia, Florida and maybe even North Carolina, he's also going to have to campaign in Arizona and Utah and potentially Georgia - states most Republican nominees have locked down by August so they can focus on the swing states.

That's where money becomes an issue. You've gotta build a ground game, a structure of getting out voters, especially apathetic swing voters in swing districts and you've got to smartly play to the states you can win. One of the biggest criticisms of Romney's campaign in 2012 was faulty data. They relied on voter models that projected him winning comfortably, so, they got cocky and invested in states like Pennsylvania and Minnesota despite the fact Obama was well ahead in both those states. That distracted them from Ohio and Florida and Virginia, three states Obama narrowly won that year.

Trump already believes he can compete in California and Connecticut, so, I expect to see him putting up an effort there because his campaign is so loosely run, and there just isn't the $$$ there to fund a well established campaign staff, that he, too, will be duped by the fools gold and spend less time in states HE MUST WIN.

It's very important to have money to invest in ads and staff that know how to win elections. Winning a primary is the easy part, frankly, because the way primaries are set up is that it's entirely based around momentum, which doesn't necessarily exist in a general election because every state votes at the same time.

Had there been a fifty state vote on, say, Feb 2nd, 2016, it's very likely Trump isn't the nominee right now because of that very reason.

But I agree. We can't get complacent. The country is still too divided for this election to be a slam dunk. Hell, for most of 2008, despite the GOP in disarray and McCain being a complete fucking amateur candidate, who selected a bag of potatoes as a running-mate, the election was scarily close. Even then, Obama didn't win by a huge landslide, either.

With that said, Trump is in trouble. There are a lot, A LOT of red flags here and the fact is, we're hitting the point where the candidates are going to start being defined by those red flags. What killed Romney, really, was the summer of 2012. He was hit HARD by Obama on Bain and what not and he could never fully recover.

These are defining months for Trump. But to be sure - his campaign has been ineptly run since he wrapped up the nomination. This ain't the primaries anymore. A majority of America so far ain't buying what he's selling.

Hope it continues.

[geek tragedy]

13. $1.3M on hand? Time to file bankruptcy! nt

[RogueTrooper]

58. Your post made me wonder if he has gone back to stiffing his vendors

Stiffing vendors has been part of his MO. I wonder if the ones being stiffed by the campaign will start coming out of the woodwork?
?

Jacobsen denied Trump's claim of shoddy work, saying, "Mr. Trump wants to belittle me…That's his style. He is 58. When is he going to grow up? I will collect, one way or another." Jacobsen subsequently told the New York Daily News that, after his story had appeared in the Post, he received 22 calls from merchants who claimed Trump had "stiffed [them] in the past. He can't get anybody to work for him."

The day that story ran, February 2, 2005, Mar-a-Lago asked the local sheriff to serve Jacobsen with a civil suit against his company for breach of contract, alleging that Jacobsen had failed to properly install the chandeliers and that the resort had to hire an electrician to do all the work. And on February 3, one of Trump's lawyers, John Marion IV, sent Jacobsen a letter threatening to bring a libel suit against him over his comments to the Daily News. He demanded that Jacobsen turn over the names, addresses, and phone numbers of the 22 merchants who had called him. The lawyer accused Jacobsen of being a "publicity hound" who'd "made this up."

http://www.motherjones.com/politics/2016/05/when-donald-trump-didnt-want-pay-chandelier-bill

[6chars]

14. wonder what kind of ground game he'll have

that costs serious money. his supporters are not ones with great volunteer experience in organizing structured efforts. he didn't build a ground game during the campaign, with others dropping out etc. Romney won't even loan him the software from last time.

[alfredo]

17. 30 people for the entire country. No ground game at all.

He hasn't made any media buys.

[bluestateguy]

15. And there you have it

[63splitwindow]

16. Funny and actually dead on! nt

[Hulk]

18. Everyone knows he's a complete farce...

Except the idiots that show up at his rallies.

[First Speaker]

19. I've suspected this all along--Trump is actually broke...

...his "billionaire" status is pure BS. As much of a fraud as everything else about him...

[TomCADem]

20. USA Today - Pro-Trump super PAC uses Orlando attack in new ad

Trump is a Republican. He does not need to fundraise. He just needs to enjoy the support of a few well-heeled billionaires to power him through.

http://www.usatoday.com/story/news/politics/onpolitics/2016/06/20/pro-trump-super-pac-uses-orlando-attack-new-ad/86151950/

A super PAC supporting Donald Trump released a new ad Monday that seeks to use the Orlando nightclub shooting to make the case for his presidency.

Officials with Great America PAC say they will spend about $700,000 to air the 60-second ad on cable programs nationally and in 10 battleground states. It will air for a little more than three weeks.

The ad, entitled The Enemy, features former Navy SEAL Carl Higbie, who says the nightclub shooting is a reminder that the fight against terrorism has come to U.S. shores. “Join millions of active duty military members and veterans like me who stand with Donald Trump,” he says.

Great America PAC is one of several independent groups scrambling to become the main independent vehicle supporting Trump’s bid. Eric Beach, the PAC’s top fundraiser, said the group raised about $1 million in May. The super PAC is scheduled to file its monthly fundraising report with the Federal Election Commission later today.

[Equinox Moon]

21. I'm looking foreword to the first debate

Edit update: because tRump is completely incompetent to be a Presidential Candidate.

[Moostache]

22. Why? Trump will not answer a single question...

His "fans" will soil their shorts in glee as he throws ignorant slurs at Hillary, Democrats, minorities, social security, Obamacare, and any other dog whistle or overtly racist bullshit that comes to mind.

The feckless media will sit on their hands and write nothing about it.
The pundit-class will proclaim his campaign dead (again) and handwring openly about what could it all mean.

And in the end 40% of America is going to vote for Trump whether he spends $10 million a week or $10 total.

The hideous corporate air time giveaway that overly ripe Yam with a straw hat and bad tie gets is shameful.
Shameful.

[Beartracks]

23. I can't decide if...

... a) he will be his usual boorish self and put his foot in his mouth again and again, which his supporters will LOVE but the rest of the natural world will find grossly off-putting, cementing his status as an international joke; or b) he will be trying SO hard to look thoughtful and presidential that his supporters will flip out and accuse him, confusingly and tearfully, of selling out and becoming a spineless establishment wuss. Of course, if it's Option B, his policy ideas will still make absolutely no sense.



====================

[63splitwindow]

24. Do you foresee...

a mutually informed and substantive discussion of the relevant issues?

[Equinox Moon]

25. Of course not!

It will be entertaining, tRump is completely incompetent to be a Pres. Candidate.

[63splitwindow]

26. His base firmly believes he will destroy Hillary...

with his insults, innuendo and bullying. It will be hilarious to watch their dumbass wishful thinking destroyed the first time she punches their big boy right in the nose, metaphorically speaking, with actual intelligent evisceration.

[Equinox Moon]

27. right, and I was remembering how aweful the repubs. debates were

He can't do that distraction/punching in a GE debate.

[63splitwindow]

28. He will show his ass trying...

and Hillary will capitalize upon same.

[postatomic]

29. Hell, he spends 1.3M a month just in hair spray nt

[Recursion]

30. WTF? That would be low for a House race

Seriously, is this guy gaffing it off this much?

[Doctor Jack]

31. Holy fuck

you would almost feel bad for them if they weren't evil, racist, neo-nazis

[63splitwindow]

37. You forgot "victims"...

That's his base, that's how he steamrolled the Repug primaries. He appeals to all the white trash folk, rich, poor and in between, who are the "victims" of a changing society. Their standard refrain is "What has happened to America?"... when referring to the disappearance of the good ole boy success network which worked to the detriment of all who aren't good ole boys.

[Bernardo de La Paz]

43. Suckers, you mean. Ask them "When" was America great (to be made as great again) & they sputter. nt

[rusty quoin]

32. Can't the billionaire class turn this around in a day?

[harun]

65. Money is the least of their worries. This is just propaganda from WP.

[Doctor Jack]

33. At this rate it would take trump 1000 months to raise the amounts his campaign projected

Originally they wanted to raise $1 billion. It will take them just over 83 years to do it at this rate.

[63splitwindow]

40. Another lost soul you are. nt

[Bernardo de La Paz]

41. Only "less" ? I'm not sure how to read your post. . . . nt

[jknudsen]

36. What is wrong with all of you ??

What about all the issues for most Americans ? who gives a hoot what kind of $$ they have raised. This is so sad oh well
You all deserve what you get,
Jan

[63splitwindow]

38. Are you lost?

Can someone who cannot run a competent campaign do a competent job as President of the United States? Do you support Trump?

[Bernardo de La Paz]

42. "you all" ? Are you excluding yourself?

[jknudsen]

67. What is wrong with all of you ?

Are you kidding I'm not a Trump supporter or Hillary the system is all rigged you all missed out when you lost Bernie. Just my $0.05 worth as a Danish citizen

[Feeling the Bern]

39. Life sucks, Trumpster. Maybe you need to sink all your "billions" into your campaign

Go for broke, asshole. Literally!

[mwrguy]

45. Hillary is going to stomp his a$$

[vkkv]

48. As Nelson would utter, "Ha ha" ............NT

[olddad56]

49. that 1.3m probably exceeds his personal wealth.

[olddad56]

50. put a fork in the Donald

[SheilaT]

52. As has already been pointed out,

he's been claiming to self-finance his campaign, even though he hasn't really.

More to the point, he thinks running for President is simply another reality show, and has approached his campaign as if that's all it is.

Plus, he's gotten such an incredible free ride from the media, that he of course thinks this is just another reality show.

[ffr]

53. That's not enough. I better donate more to HRC.

Make sure her message is carried far and wide.

[truthisfreedom]

54. trump's situation is so totally dire. The gop has got to be freaked to the max.

I sure hope that Hillary's SS detail is on maximum alert.

[kairos12]

55. Drumpt is finding out you can't pay for an election with donated

confederate money.

[brett_jv]

56. So NICE of WaPo to represent Drumpf as some sort of 'Poor Underdog' ... whilst Hillary ...

Dontcha know, she sits atop a WAR CHEST ... the latter of which conjure up images of malevolent rulers SWIMMING in ill-gotten riches ... she's like doing 'snow angels' atop a mountain of GOLD ... whilst POOR DRUMPF, a regular fucking Robin Hood, wallows in poverty ... a 'hero to the people' ... pfffffft.

Do you not see the manipulation of the public's feelings with an article like this? Cause I do ...

[Egnever]

57. Good lord

45 million of his own money...

[beachbum bob]

60. the bulk of trump supporters have no money after they buy beer and ammo

so he won't see any contributions from them and the big GOP donors won't throw their money away on a sure thing LOSER....and some giving ti Hillary....as they hate the idea of a trump in the whitehouse as much as we all do

[FLPanhandle]

61. Trump was never serious about winning

I suspect if the RNC pays him what he spent on his own campaign plus a little bonus, then he will drop out.

Trump dropping out on his own will allow the GOP to select a new candidate without alienating Trump supporters.

The RNC just has to pony up the cash.

[randr]

62. This means nothing--it could even be a negative factor

In this election we may, just may, see the voters reject massive campaign spending.
A voter revolt against moneyed interests in our government is growing of both sides of the aisle and it may cost the candidate with the larger war chest.

[onehandle]

63. Only in primaries. The GE is a difference animal. nt

[randr]

64. We are about to find out how disgusted the people are with the system as we know it

It will say a lot about us as a people if the same old same old remains the rule.
While the vast majority of Americans want to put and end to the personification of corporate power we have it in our power to end it but may never chose to do so.

[JustABozoOnThisBus]

66. I better contribute to Trump's campaign.

I certainly want him to be the Republican nominee.

[sarcasmo]

68. Kick

[300gools]

69. few people want to waste money on a loon

go Hillary!