The signs have been there for months. The fireworks at Mount Rushmore. Using the White House to hold the RNC convention. All the Hatch Act violations. And now, not rushing to release August’s fundraising numbers.
Please note: It looks increasingly like the Trump campaign has money problems & that they/the president are stealing public resources to make up for it (see: Hatch Act violations, use of WH/press conferences in lieu of rallies, departments doing Trump PR rather than comms, etc.)
— David Rothkopf (@djrothkopf) September 8, 2020
It’s no longer a secret. The Trump campaign is having financial difficulties.
“Trump’s financial supremacy has evaporated,” The New York Times reports. “Of the $1.1 billon his campaign and the party raised from the beginning of 2019 through July, more than $800 million has already been spent. Now some people inside the campaign are forecasting what was once unthinkable: a cash crunch with less than 60 days until the election.”
3. Among the major questions on spending was roughly $100 million on television this year before the conventions https://t.co/TgAwsBaJRT
— Maggie Haberman (@maggieNYT) September 7, 2020
In 2015, before becoming the Republican nominee, Trump promised supporters he would self-fund his campaign. That turned out to be a lie.
“I mean, do I want to sell a couple of buildings and self-fund? I don’t know that I want to do that necessarily, but I really won’t be asking for money for myself, I’ll be asking money for the party,” Trump said in 2016 just before launching a massive fundraising machine.
In 2016, he sunk $66 million of his own money into his campaign.
Now, he’s considering throwing in another $100 million.
“The billionaire president has talked about the idea with multiple people, though he hasn’t yet committed to any self-funding,” Bloomberg News reports, noting “it would be unprecedented for an incumbent president to put his own money toward winning a second term.”
Last month Joe Biden raised a historic $365 million.
Enjoy this piece?
… then let us make a small request. The New Civil Rights Movement depends on readers like you to meet our ongoing expenses and continue producing quality progressive journalism. Three Silicon Valley giants consume 70 percent of all online advertising dollars, so we need your help to continue doing what we do.
NCRM is independent. You won’t find mainstream media bias here. From unflinching coverage of religious extremism, to spotlighting efforts to roll back our rights, NCRM continues to speak truth to power. America needs independent voices like NCRM to be sure no one is forgotten.
Every reader contribution, whatever the amount, makes a tremendous difference. Help ensure NCRM remains independent long into the future. Support progressive journalism with a one-time contribution to NCRM, or click here to become a subscriber. Thank you. Click here to donate by check.
- RIGHT WING EXTREMISM2 days ago
‘Absolutely Repulsive’: Some House Republicans Are Now Wearing an Assault Weapon Lapel Pin
- News2 days ago
Kyle Rittenhouse to Face Wrongful Death Lawsuit After 100-Hour Hunt to Find Him
- COMMENTARY3 days ago
Trump Vows to Use DOJ and Congress to Make Being Transgender Illegal While Promoting the ‘Nuclear Family’
- News2 days ago
Hunter Biden Is Fighting Back
- News2 days ago
Watch: Angry, Santos Reacts to News DOJ is Investigating His Alleged ‘Ghosting’ With $3000 Raised for Veteran’s Dying Dog
- RELIGIOUS EXTREMISM3 days ago
Watch: Kevin McCarthy Leads Over a Dozen Republicans in Prayer at Event Co-Sponsored by Five Anti-LGBTQ Hate Groups
- News3 days ago
Trump Could ‘Screw’ GOP With Self-Enriching Third Party Run: Conservative Author
- RIGHT WING EXTREMISM19 hours ago
GOP’s New ‘Bizarre Obsession’ Shows It Has ‘Gone Crazy’: Morning Joe