Trump's reelection effort has spent more than $983M, a record sum at this point in the campaign
Source: Washington Post
The president maintains a cash lead over Joe Biden, who is gradually closing the money gap
President Trump’s campaign, the Republican Party and two affiliated committees have spent more than $983 million since 2017, a record-breaking sum toward a reelection effort at this point in the presidential campaign, new filings show.
In June alone, Trump’s campaign spent $240 million and presumptive Democratic nominee Joe Biden’s campaign spent $165 million, as the two sides ramped up their general-election efforts, according to Federal Election Commission filings made public Monday.
Trump has raised and spent money for his reelection since 2017, earlier in his term than previous presidents. At this point in 2012, the Obama campaign, the Democratic Party and a joint fundraising committee had spent roughly half that amount, at about $552 million, federal records show. Trump’s 2016 campaign, run on a shoestring budget, cost $878 million.
Despite the historic spending, Trump has been slipping in national polls and approval ratings amid the spread of the novel coronavirus and a weakened economy. Biden holds a double-digit lead nationally and Trump faces a narrow path to victory through electoral-college majority in battleground states, according to a Washington Post analysis.
Read more: https://www.washingtonpost.com/politics/2020/07/21/trumps-reelection-effort-has-spent-more-than-983-million-record-sum-this-point-campaign/
Exactly where has all that money gone? Surely not for his shitty television ads.
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Right?
