Trump fundraising agrmnt prioritizes pymnts to PAC covering legal fees bfore RNC

Source: The Hill | March 21, 2024 | Brett Samuels

Trump fundraising agreement prioritizes payments to PAC covering legal fees before RNC

Former President Trump’s new joint fundraising agreement with the Republican National Committee (RNC) will send donations to his campaign and a political action committee covering his legal bills before they go toward the party itself.

The arrangement means Republican donors may see a portion of their money go toward helping Trump pay off his exorbitant legal bills before they are used for the national party and state parties for election season.

The details of the joint fundraising agreement were first reported by The Associated Press, citing the fine print of an April 6 fundraiser invite.

The invitation states that donations to the joint fundraising committee, known as the Trump 47 Committee, will first be used to give the maximum amount allowed under Federal Election Commission (FEC) guidelines to the Trump campaign. Remaining money will go toward the maximum donation to the Save America PAC, and any money leftover will go toward the RNC and state political parties.

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With less than eight months until Election Day, Trump is badly trailing President Biden and his campaign in fundraising.

Election filings made public Wednesday showed Trump’s 2024 campaign brought in $10.9 million last month, while his joint fundraising committee raised nearly $11 million. His operation overall had about $42 million in cash on hand entering March.

Those figures lagged far behind Biden’s campaign operation, which raised roughly $53 million in February, giving it $155 million in cash on hand entering March.

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  • Consistent March 21, 2024 at 8:41 pm #60240

    Consistent March 21, 2024 at 8:43 pm #60241

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