Today, Trump released his campaign funding report and he has a paltry $1.3 million on hand after spending almost $400,000 renting out Mar a Largo for campaign events. With 140 days to go before the election, one would honestly presume that the self assured greatest businessman of all would have had this small point covered. That's fair right? Everyone knew that a run for the presidency would run over a billion dollars and he said he would self finance his campaign and hire the best and brightest to run his show. For whatever reasons it didn't happen but now he has to raise almost $300 million a month to make up for the shortfall. With many GOP donors unwilling to fork over money this campaign is in serious trouble.
Donald Trump's campaign is running short on cash.
Campaign finance reports released Monday evening show his campaign began June with $1.3 million in the bank.
Experts say the amount of cash seen in Trump's May disclosure report is typical of a candidate running for the House of Representatives, not a presidential hopeful.
The suspended campaigns for Ben Carson and Ted Cruz ended the month with more cash on hand than Trump,
Politico noted.
Yes and Republicans have stopped donating to the RNC also.
"Donald Trump, major party nominee,
has only $1.2 million cash on hand and raised only $3.1 million
in the month of May. At this time in 2012, Mitt Romney had raised over $76.8 million
in the month of May and had more than half that on hand. Trump actually has less cash on hand than many congressional candidates.
Hillary Clinton, in contrast,
raised $26.3 million and has $42.4 million cash on hand.
But not only that, Trump’s Super PAC
only has $500,000 cash on hand and obligations of more than that.
And for icing on the cake, the Republican National Committee has only
$19.9 million cash on hand through May 31st, which is the lowest it has had any any Presidential year in more than a decade. In 2012, for example, the RNC had
$61 million cash on hand.
Trump cannot self fund because he does not have access to the liquid assets he claims, which is why he will not release his tax returns. The free market suggests Trump’s campaign is a loser, which is why donors are not giving to him. His PAC is more a scam than an actual entity.
Donald Trump sold a bunch of angry people a bill of goods and took them for all they were worth, which apparently was not much. Now he is going to face Hillary Clinton who has $42 million to his $1.2 million.
Well done, Republicans. Well done. If you nominate Donald Trump in Cleveland you’ll be handing Hillary Clinton the Presidency. I told you so.
If you want a sense of just how ridiculous this farce is, Donald Trump paid $35,000 to “Draper Sterling”, a fictitious ad agency. Seriously. He also paid more that $400,000 to rent his own Mar-a-Lago, which was more than his whole payroll. He reimbursed his children’s travel for the campaign. He paid himself a salary. The data is ridiculous and embarrassing. He spent $737,000 at Trump owned businesses.
The GOP is so screwed and it has only itself to blame."
Donald Trump’s Gold Plated Con Just Got Hillary Clinton Elected