Trump's campaign reported just $ 63 million in the bank. What happened to the $ 1 billion war?

Trump’s campaign reported just $ 63 million in the bank. What happened to the $ 1 billion war?

“President Trump’s extensive political venture has raised more than $ 1 billion since taking over the White House in 2017 – and setting many on fire.” The Associated Press References. Late Tuesday, the Trump campaign he said entered the final month of the campaign with just $ 63 million in the bank, far less than Democratic presidential candidate Joe Biden of $ 177 million.

Trump and his joint committees with the Republican National Committee, which together raised $ 1.5 billion since the beginning of 2019, entered in October with $ 251 million, compared to $ 432 million for Biden and his joint committees. with the National Committee of Democrats, The New York Times References. What happened to Trump a huge cash advantage over Biden?

“They spent their money on unnecessary overhead, the lifestyles of the rich and famous campaign staff, and vanity ads,” such as a $ 10 million Super Bowl ad and $ 1.6 million in the Washington, DC, blue media market. veteran GOP anti-Trump adviser Mike Murphy said NO. “You could literally have 10 flaming monkeys chasing money and they wouldn’t have burned it so foolishly.”

The Trump campaign spent significantly more money to raise money over the summer than the Biden campaign and increased significantly less money from Biden.

Other disputed costs include $ 100,000 for Donald Trump Jr.’s book, $ 39 million in legal fees and “compliance” fees, and at least $ 218,000 for Trump deputies traveling on private jets provided by campaign donors. NO notes. Also, “since 2017, more than $ 39 million has been paid to companies controlled by [Brad] Parscale, who was fired as campaign manager in the summer. An additional $ 319.4 million was paid to American Made Media Consultants, a Delaware Limited Liability Company whose owners are not disclosed. “

Trump’s campaign insists he has enough money for the final leg, “almost three times more than in 2016”, campaign manager Bill Stepien said Monday. But the campaign has canceled ad markets in Ohio, Minnesota and Wisconsin, shifting resources to Georgia, Arizona and Florida. Policy References. Both campaigns are aided by outside teams – GOP tycoon Sheldon Adelson just gave $ 75 million to a new super PAC to help Trump – but Michael Bloomberg’s $ 100 million investment to beat Trump in Florida Trump on a defensive curve Sunbelt states, ” Policy he says, forcing Trump “to spend a lot to strengthen his position and free up democratic cash to expand the electoral map elsewhere.”

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