Donald Trump’s Cash Crunch Just Got Much, Much Worse

’s legal troubles consume more and more of his time, they’re also consuming more of his donors’ money—and there’s a huge hole in the bucket.At the same time, the Trump campaign itself reported a net loss of more than $2.6 million for the month of January. It raised about $8.8 million while spending around $11.5 million, according to a separate

The super PAC has been kicking that refund back in $5 million installments beginning late last spring, but that emergency bailout won’t last, either—the full refund is set to be completed by June. At this point, the Save America PAC exists almost exclusively to cover the former president’s legal bills, but Trump also has to fund his political campaign. He does that by raising the bulk of his money through a joint fundraising committee, which automatically splits the proceeds—90 percent goes to the campaign, with Save America cleaning up the other 10 percent, according to the terms of online solicitations.

Trump’s cash crunch is hitting at a terrible time. Recent weeks have seen two massive legal judgments against the former president. First came theWhile Trump is a billionaire, his choice to pass his legal costs on to his donors is threatening to derail the GOP’s national fundraising efforts. Trump is nowof the Republican National Committee, planting MAGA loyalists and even his own daughter-in-law at the top echelons of party leadership.

Source: News Formal (newsformal.com)

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