Trump faces major financial disadvantage against Biden as legal bills eat into allies' cash: Filings
Source: ABC News
March 21, 2024, 9:39 PM
Former President Donald Trump and the Republican National Committee are, right now, facing a serious financial disadvantage in the early stages of the general election fight against President Joe Biden and his $100 million war chest, new filings show.
But with Trump becoming his party's 2024 presumptive presidential nominee earlier this month, he and the RNC are full steam ahead to make up for their fundraising lag -- launching a joint operation and planning a high-dollar event with GOP megadonors.
February financial filings for the Biden and Trump campaigns and respective Democratic and Republican parties, released on Wednesday, illustrate how much more money Biden has raised and currently has on hand compared to Trump, funds that can be used toward advertising, staffing and organizing.
Financial filings also detail the extent to which Trump's legal bills have eaten into the cash flow of some of his allied political groups. He faces 88 criminal charges and multiple civil issues -- including the threat of seizure of his assets related to a $464 million judgment in a New York civil fraud case.
Read more: https://abcnews.go.com/Politics/trump-faces-major-financial-disadvantage-biden-legal-bills/story?id=108346336
Roy Rolling
(6,917 posts)Republican donors are paying $183,000 a day in legal bills for the orange barnacle.
Scrape him off and the political system will be moving is the right direction again.
Evolve Dammit
(16,733 posts)JustAnotherGen
(31,823 posts)To Taylor Swift - or Jay Z - ya know -
The 'woke' radical left .
He's a monumental asshole and he deserves this.
pandr32
(11,584 posts)For free.
The fundraising pays his legal bills. The rest of the Republican candidates? You've got to hope TSF endorses you because that becomes a free message courtesy of the MSM. If he doesn't like you he will lambaste you and you are done. He gets more coverage than our POTUS.
He is covered so extensively he doesn't have to run ads.
Mr.Bill
(24,292 posts)a snapshot of what's in the video news, go to the home page and look at the videos in the right hand column without clicking on them. You will see four shots of Trump and none of Biden.
Not being critical of DU, it just is what it is.
Botany
(70,506 posts)DownriverDem
(6,228 posts)Dark money
IbogaProject
(2,816 posts)They are just trying to generate donations from their suckers, rather supporters.
twodogsbarking
(9,752 posts)DENVERPOPS
(8,820 posts)Just like the Russian Flag??????????????
The new AirForce One that Trump Spec'd out was destined for the Horizontal Red White And Blue stripes painted on the plane, until someone objected...