Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Showing Original Post only (View all)

Nevilledog

(51,031 posts)
Tue Feb 20, 2024, 11:28 PM Feb 20

Donald Trump's Cash Crunch Just Got Much, Much Worse [View all]

https://www.thedailybeast.com/donald-trumps-cash-crunch-just-got-much-much-worse

No paywall link
https://archive.li/nhV66

As Donald Trump’s legal troubles consume more and more of his time, they’re also consuming more of his donors’ money—and there’s a huge hole in the bucket.

On Tuesday, Trump’s “Save America” leadership political action committee reported raising just $8,508 from donors in the entire month of January, while spending about $3.9 million, according to a new filing with the Federal Election Commission.

Nearly $3 million of that overall spending total was used for one purpose: to pay lawyers.
At the same time, the Trump campaign itself reported a net loss of more than $2.6 million for the month of January. It raised about $8.8 million while spending around $11.5 million, according to a separate filing made public on Tuesday.

The filings reveal that Trump is continuing to burn through his donors’ funds as he struggles to feed two massive cash drains—astronomical legal bills stemming from numerous civil cases and four criminal indictments, plus the costs of a national presidential campaign.

*snip*


39 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
$8,508?!?? Leghorn21 Feb 20 #1
No worries. He's a billionaire. fierywoman Feb 21 #14
😆 Deuxcents Feb 20 #2
How sad A_Woman_from_MI Feb 20 #3
This number seems a little high to me. Maybe they are inflating their numbers chicoescuela Feb 20 #4
4,000 Big Macs? BOSSHOG Feb 20 #5
Throwing Good Money After Bad..... global1 Feb 21 #6
When I was younger I didn't understand that expression. Now it seems perfectly clear Walleye Feb 21 #26
I thought he didn't pay lawyers KS Toronado Feb 21 #7
I sure would. Upfront too. Bobstandard Feb 21 #9
I hope they're at least smart enough to get paid in advance JoseBalow Feb 21 #13
He is now limiting them to $750/hour..... getagrip_already Feb 21 #33
RNC to the rescue! MadMike47 Feb 21 #8
And every RNC dollar that's spent on tRump Wednesdays Feb 21 #16
We need to let R voters know just how desperately their yellow god needs money. Hermit-The-Prog Feb 21 #21
Yellow god is s good name. The orange has faded revealing his true character, a coward Walleye Feb 21 #28
The RNC doesn't have much money. progressoid Feb 21 #23
A Black Hole at the center of the Republican Party, sucking all money into oblivion. If only all the Pukes fell in too. NBachers Feb 21 #10
That is a perfect analogy if I ever heard one! ShazzieB Feb 21 #24
There has to be a point when the well runs dry pfitz59 Feb 21 #11
Not comeuppance enough for me. n/t aggiesal Feb 21 #12
The Trump 'response' to PJB advertising is obviously going to be severely limited, DemocraticPatriot Feb 21 #15
He spent his life stiffing contractors, then racking up their legal bills when they sued. tinrobot Feb 21 #17
That's how he got Mar a loco. Palm Beach County couldn't afford the legal fees. twodogsbarking Feb 21 #18
Definitely cheery news for the start of the day!!! nt LAS14 Feb 21 #19
Shouldn't Trump be TAXED on all the contributions he uses to pay lawyers? Kid Berwyn Feb 21 #20
I was thinking just the same thing... Blue Idaho Feb 21 #27
I heard there is an irs action pending getagrip_already Feb 21 #34
I don't think shoe salesmen make that much. tavernier Feb 21 #22
Doesn't matter.... Happy Hoosier Feb 21 #25
Jon Stewart told me both candidates are old and demente and poor choices. Gee I think I will vote for jill stien mucifer Feb 21 #30
Meanwhile, Joe's over here with well over $100 million CASH Qutzupalotl Feb 21 #29
Wow... ShazzieB Feb 21 #31
The Republicans, not only can't they govern, they're no good with money Walleye Feb 21 #32
TFG's campaign is significantly underperforming Biden in fundraising, LetMyPeopleVote Feb 21 #35
Happy to see rfk jr is beginning to out spend his campaign cash!! Hopefully he'll have to drop out! PortTack Feb 21 #38
8$k per month? From 70million followers? So much winning. lindysalsagal Feb 21 #36
I love this for him! PortTack Feb 21 #37
Remember when Republicans said they hated "trial lawyers"? Now they spend most of their cash on them (nt) muriel_volestrangler Feb 21 #39
Latest Discussions»General Discussion»Donald Trump's Cash Crunc...