PoliticsTrump’s Super PAC Is Going Broke And Might Not...

Trump’s Super PAC Is Going Broke And Might Not Be Able To Pay His Legal Bills

The Save America PAC has spent nearly $6o million on Trump’s legal bills, but the PAC is virtually broke, so Trump’s free ride might be over.

Politico reported:

Save America, Trump’s leadership PAC, has now spent $59.5 million on legal consulting since the start of 2023. It also incurred $886,000 in new legal debt in March, according to a report filed with the Federal Election Commission late Saturday. More than $1.1 million of its March spending went toward two firms representing Trump in his New York criminal hush money trial.

The total spent on legal expenses for Save America was almost as much as Trump’s campaign committee in the month of March, highlighting how legal troubles have sucked up the cash of his political operation. Trump’s official campaign committee spent just over $3.7 million in March, with travel expenses, followed by payroll, occupying its biggest expenditure categories.

To get more stories like this, subscribe to our newsletter The Daily.

Trump spent almost $4 million on his entire campaign in March.

President Biden spent $29 million, including a national advertising campaign and a national tour.

One of the reasons why Biden has taken over the lead from Trump in the general election is that Biden is campaigning, and spending the money that is being raised on the campaign.

Donald Trump’s fundraising will pay lawyers in the four criminal cases he is facing. Trump will be a criminal defendant in Manhattan for the next six weeks, spending millions of dollars a month on lawyers. The Republican National Committee is already broke, and the super PAC has been bled dry to cover Trump’s legal bills.

It is already well known that Donald Trump lacks the cash to pay his own way.

Even if the Trump Media stock doesn’t hit rock bottom, he still can’t access those funds for months, and there is the possibility that Trump’s $175 million fraud judgment bond could be thrown out.

Things are bad for Trump and they appear to be getting worse.

A Special Message From PoliticusUSA

If you are in a position to donate purely to help us keep the doors open on PoliticusUSA during what is a critical election year, please do so here. 

We have been honored to be able to put your interests first for 14 years as we only answer to our readers and we will not compromise on that fundamental, core PoliticusUSA value.



Original Source Link

Latest News

What does it mean to be an innovative company?

At Fast Company’s MIC Summit and Gala, executives Deloitte, Pivot Bio, and Pfizer laid out what innovation means...

Kenya Partners With Marathon To Monetize Underused Energy By Mining

Kenya has signed a deal with Bitcoin miner Marathon Digital Holdings to monetize the country's underutilized energy resources....

Will Eurozone inflation derail the ECB’s rate cut plans?

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly...

Apple’s WWDC may include AI-generated emoji and an OpenAI partnership

Recent rumors have held that Apple will be allowing chatbots to integrate more deeply into its operating systems,...

Trump Promises To Free Ross Ulbricht, Yet He Wants To Execute Drug Dealers

"We're going to be asking everyone who sells drugs, gets caught selling drugs," former President Donald Trump said...

Must Read

Why the Royal Family Has Postponed Public Engagements – Hollywood Life

View gallery Buckingham Palace disclosed that the Royal Family...
- Advertisement -

You might also likeRELATED
Recommended to you