Trump PAC Faces Financial Struggles with Only $3 Million on Hand
Former President Donald Trump's Save America PAC, once a powerful fundraising force, is now left with only $3 million. In the first half of 2023, the PAC raised $15 million but spent over $30 million, including over $20 million on legal fees to various law firms. This decline suggests a potential decrease in the once-strong small-dollar donor operation that fueled Trump's fundraising efforts. The pro-Trump super PAC, Make America Great Again, Inc., raised $14 million but faces spending challenges, with $37 million already spent, including expenses at Trump's Mar-a-Lago.
Transcript
00:00 It's Benzinga and here's what's on the block.
00:02 Former President Donald Trump's Save America PAC, once a powerful fundraising force, is
00:07 now left with only $3 million on hand.
00:10 In the first half of 2023, the PAC raised over $15 million but spent over $30 million,
00:16 including over $20 million on legal fees to various law firms.
00:20 This decline suggested a potential decrease in the once-strong small-dollar donor operation
00:24 that fueled Trump's fundraising efforts.
00:27 The pro-Trump, super PAC, Make America Great Again Inc. raised $14 million but faces spending
00:33 challenges with $37 million already spent, including expenses at Trump's Mar-a-Lago.
00:38 For all things money, visit Benzinga.com.
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