Has Trumps Contiuned Campaigning Broke The Secret Service Budget?
Trump Entered 2022 With $122 Million in the Bank
The old president's overall war chest was more than double the cash on hand of the Republican National Committee.
Donald J. Trump's political operation raised more than than $51 million in the second one-half of 2021 every bit the onetime president continued to dominate the Republican fund-raising landscape in his starting time yr out of the White House, according to new federal filings.
Mr. Trump's overall war breast entering 2022 stood at $122 million — more than double the cash on hand of the Republican National Committee itself — as he continued to solicit his online supporters with the same stride and intensity of the heat of the campaign.
The huge sum gives Mr. Trump an invaluable head showtime should he run for the White House again, as he has repeatedly suggested is his intention. Mr. Trump remains, past far, the near popular figure in his party among Republican voters, merely his atomic number 82 against hypothetical challengers in 2024, in particular Gov. Ron DeSantis of Florida, has narrowed in recent months every bit he faces fresh challenges to his office as the party's undisputed leader.
While his $122 1000000 are stored in federal accounts that legally cannot be spent on a presidential run, loose rules permit him to fully fund his political operation for now, including paying for rallies, television receiver ads and even direct money to his own businesses.
Federal records show that Mr. Trump spent most $i.five one thousand thousand from his chief political account, the Save America PAC, with the company that stages his rallies. Another $1.3 one thousand thousand was spent on Facebook ads. Though Facebook banned Mr. Trump in early 2021, information technology continues to allow his political operation to pay to advertise.
The Relieve America PAC spent another $517,000 on payroll costs also as more than $100,000 on the Trump Hotel Drove, for lodging, meals and facility rental fees, records show.
Mr. Trump's fund-raising stride did deadening compared to the get-go half of 2021, when he raised $56 million online. Mr. Trump raised less in the last vi months of the year, fifty-fifty though he did non actively enhance money for most of Jan and February of 2021. He had paused sending out requests for cash after the riot at the Capitol.
Mr. Trump's team announced it processed more than 1.half-dozen meg donations in the final half-dozen months of 2021, with an average contribution of $31.
Alee of the 2022 midterm elections, Mr. Trump has already endorsed roughly 100 candidates nationwide, from those making runs for seats ranging from country legislators to secretaries of state to United States senators. He also gave abroad some of his funds, cut checks to candidates he has endorsed. Those checks have often come with letters that candidates oft proudly mail service to social media.
All told, his team said he had made $1.35 million in contributions to candidates whom he has endorsed and to "like-minded causes." The biggest was a $one million donation to the Conservative Partnership Institute, where Mr. Trump's one-time chief of staff, Mark Meadows, serves equally a senior partner.
Taylor Budowich, a spokesman for Mr. Trump, said the fund-raising haul would non merely affect the midterms but also the election of 2024, when Mr. Trump has suggested he may again run for president.
"President Trump is incredibly well positioned to look beyond Nov as the need for his leadership has never been more than important," Mr. Budowich said in a statement.
In improver to his own political committees, Mr. Trump has raised funds for an allied super PAC called Make America Great Once more, Again! Inc. In December, he held a small dinner for super PAC donors at his private Florida club, Mar-a-Lago. Seats were fix at $125,000 per person, or $250,000 for a couple.
Donors who gave $250,000 to the Trump super PAC included Jose Fanjul, the sugar businessman; Saul Fox, a individual equity investor; and Dianne Hendricks, who became a billionaire selling housing textile.
The super PAC ended 2021 with $ix.5 1000000 in the bank. It reported spending $1,438.forty at Mar-a-Lago in December, plus $10,105.09 at Mr. Trump'south Palm Beach golf club.
Rachel Shorey contributed reporting.
Source: https://www.nytimes.com/2022/01/31/us/politics/trump-campaign-filing.html
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