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Trump’s PAC Has Just $5 Million in the Bank After Blowing $50 Million on Legal Fees (www.mediaite.com)

submitted 5 months ago by DevCat@lemmy.world to c/politics@lemmy.world

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Donald Trump’s political operation is reeling after spending around $60 million on legal fees pertaining to the four criminal indictments and various ongoing civil lawsuits against him.

Disclosures indicate that Trump’s campaign and the various political action committees supporting it blew through tens of millions of dollars in 2023, leaving him cash-strapped heading into 2024.

Save America PAC, Trump’s primary PAC heading into his likely rematch with President Joe Biden, once had over $100 million in the bank. Now, it has just a little over $5 million left after spending over $25 million on legal bills in the second half of last year alone.

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[-] jonne@infosec.pub 6 points 5 months ago

It's the worst time to sell as well, with high interest rates and nobody wanting to be associated with anything Trump.

[-] dditty@lemm.ee 5 points 5 months ago

The New York properties will definitely sell if it comes to that, no problem. 3 desirable towers of luxury apartments in NYC would be worth a ton.

[-] vaultdweller013@sh.itjust.works 3 points 4 months ago

Even if they have to gut the whole damned thing, the superstructure alone is probably worth the money.

this post was submitted on 01 Feb 2024

478 points (98.2% liked)

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