After Paying Lawyers, Trump’s PAC Is Nearly Broke

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Trump’s political action committee, which began last year with $105 million, now has less than $4 million left after paying millions of dollars in legal fees for Trump and his associates. Trump's campaign finances are strained as legal peril mounts:

Former President Donald Trump speaks during a rally at Minden-Tahoe Airport in Minden, Nev., on Oct. 8, 2022. .

It comes as Trump’s political and legal fate appear increasingly intertwined. The return of money from the super PAC, which Trump does not control, to his political action committee, which he does, demonstrates how his operation is balancing dueling priorities: paying lawyers and supporting his political candidacy through television ads.

Super PACs can raise unlimited money, while regular PACs have strict $5,000 donation limits. Some campaign finance experts described the refunds as a backdoor effort by Save America to skirt that limit. In response to Noti’s suggestion of illegality, Steven Cheung, a spokesperson for the Trump campaign, said in a statement: “Everything was done in accordance with the law and upon the advice of counsel. Any disgusting insinuation otherwise, especially by Democrat donors, is nothing more than a feeble attempt to distract from the fact that President Trump is dominating this race — both in the polls and with fund-raising — and is the only candidate who will beat Crooked Joe Biden.

But the latest revelations provided an opening for DeSantis’ team to claim the former president was grifting off his supporters.

Source: Law Daily Report (lawdailyreport.net)

 

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