To help offset his growing legal bills, Trump’s allies are launching a new fundraising effort. Most of the other cash was raised from several dozen corporations and donors, who gave over $100,000, including Robert Bigelow, a Las Vegas-based businessman, who gave Never Back Down $20 million, records show.ĭeSantis has pledged to reset and trim expenses, laying off more than a third of his staff. The group was financed with $80 million left over from DeSantis’ successful 2022 gubernatorial reelection campaign. But it also spent roughly one-quarter of that money, much of it going to cover operations, like voter turnout, that are often paid for by a candidate’s campaign, filings show. Never Back Down, a super PAC supporting him that can raise and spend unlimited amounts, reported raising $130 million in a filings submitted before Monday’s midnight deadline. But according to a person familiar with the situation who insisted on anonymity to discuss the matter, the number is considerably higher: $40 million this year alone. New campaign finance disclosures made public ahead of Monday night’s filing deadline showed Trump’s network of political committees spent roughly $25 million on legal fees. And that was after receiving a lifeline from a pro-Trump super PAC that agreed to refund millions of dollars in contributions that Trump’s operation had previously donated to it. Yet the Republican presidential front-runner burned through at least $42.8 million this year, much of it used to cover costs related to the mounting legal peril faced by Trump, his aides and other allies, leaving him with $31.8 million cash on hand. Trump took in over $53 million since the start of 2023, records show, a period in which his two criminal indictments in Florida and New York were turned into a rallying cry that sent his fundraising soaring. Continued abuse of our services will cause your IP address to be blocked indefinitely.WASHINGTON (AP) - Donald Trump’s political operation entered the second half of the year in a strained financial position with its bank account drained by tens of millions of dollars that were directed toward defending the former president from mounting legal challenges as he seeks the White House again. Please fill out the CAPTCHA below and then click the button to indicate that you agree to these terms. If you wish to be unblocked, you must agree that you will take immediate steps to rectify this issue. If you do not understand what is causing this behavior, please contact us here. If you promise to stop (by clicking the Agree button below), we'll unblock your connection for now, but we will immediately re-block it if we detect additional bad behavior.
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