The National  Memo Logo

Smart. Sharp. Funny. Fearless.

Monday, December 09, 2019 {{ new Date().getDay() }}

Republican presidential hopeful Donald Trump’s campaign raised $3.1 million from donors in May, more than doubling previous monthly hauls as he began soliciting donations to battle Democratic rival Hillary Clinton.

But with spending that outpaced inflows, the New York real estate magnate’s campaign began June with just $1.29 million in cash, putting it well-behind Clinton’s $42 million war chest, according to federal disclosures filed late on Monday.

Clinton’s campaign raised $26 million in May.

The figures underscore the huge money advantage Clinton is hoping to enjoy leading into the Nov. 8 election, one that could allow her a large staff and millions of dollars of television and digital ads in battleground states.

Trump, who has self-funded most of his campaign and only held his first general election fundraiser on May 26th, is betting he can run a race that builds on his low-spending, insurgent primary operation.

Trump’s surrogates, however, have said the cash is now “pouring in” for the general election. For months the biggest cash injections into Trump‘s campaign coffers were from his personal bank accounts. He has loaned his campaign $46 million since launching last year.

Trump may still have several hurdles to cross before convincing deep-pocketed donors to write the kind of checks that would make him competitive with Clinton’s campaign bank account.

Trump donors, allies and other Republican operatives continue to express concerns about his campaign operation, which has been dogged by internal battles, a threadbare campaign infrastructure of about 30 paid staffers, and a barely existent fundraising apparatus.

On Monday, Trump fired his campaign manager, Corey Lewandowski, who had been tasked with overseeing the campaign’s fundraising arm. [L1N19C0MC]

The primary Super PAC supporting Trump, Great America PAC, reported raising $1.4 million in May – accounting for most of the $2.5 million the group has raised this year. The PAC had $500,971 cash remaining at the beginning of June.

Clinton’s cash advantage has been fueled in part by the Super PAC supporting her. Priorities USA raised $12 million in the last month, ending May with a $52 million in cash. Three unions, AFT Solidarity, Liuna Building America and International Union of Operating Engineers, each gave $1 million.

The group has largely been tasked with attacking Trump. And so far, they have spent more than $5.7 million this year on television ads alone attacking the Republican.

(Reporting by Grant Smith and Michelle Conlin in New York and Ginger Gibson in Washington; Writing by Ginger Gibson; Editing by Michael Perry)

A combination photo shows Republican U.S. presidential candidate Donald Trump (L) in Palm Beach, Florida and Democratic U.S. presidential candidate Hillary Clinton (R) in Miami, Florida at their respective Super Tuesday primaries campaign events on March 1, 2016. REUTERS/Scott Audette (L), Javier Galeano (R) 

Advertising

Start your day with National Memo Newsletter

Know first.

The opinions that matter. Delivered to your inbox every morning

Mar-A-Lago

Youtube Screenshot

Federal Magistrate Judge Bruce Reinhart of the Southern District of Florida on Thursday ordered the partial unsealing of the affidavit that the United States Department of Justice used to obtain and execute a search warrant at former President Donald Trump's Mar-a-Lago estate in Palm Beach last Monday.

“On my initial careful review ... there are portions of it that can be unsealed,” Reinhart said as reported by NBC News.

Keep reading... Show less

QAnon flag

Reprinted with permission from American Independent

When Democratic now-President Joe Biden won the 2020 presidential election — defeating Republican then-President Donald Trump by more than seven million in the popular vote and picking up 306 electoral votes — critics of QAnon hoped that the far-right conspiracy movement would go away. But that didn’t happen. Just as Trump himself has maintained a level of influence that is unusual for ex-presidents, QAnon is still going strong almost 19 months into Biden’s presidency. Moreover, the extremist movement, according to New Republic reporter Melissa Gira Grant, is making a concerted effort to increase its influence via the 2022 midterms.

“A movement we were told would collapse without (Trump) has gone mainstream in Republican politics, and now boasts the support of more than 20 candidates running for federal or statewide office who will appear on the ballot this November,” Grant reports in an article published by The New Republic on August 18. “As many as 18 QAnon-supporting candidates for Congress will compete in November’s general election, with two QAnon-supporting gubernatorial candidates and two QAnon-supporting candidates for secretary of state, based on analyses from Grid and Media Matters. Including people who lost their primaries, QAnon candidates made the ballot in 26 states in the 2022 elections, and they have raised more than $20 million.”

Keep reading... Show less
{{ post.roar_specific_data.api_data.analytics }}