OUCH: Trump’s Donor Money Just Plummeted by $101 Million — What Happens to Election Funds If They Go Negative?

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via YAHOO:

Save America, the leadership PAC founded by former President Donald Trump, has less than $4 million cash on hand, after siphoning over $101 million to pay legal fees for Trump and his allies since the beginning of 2022, reports the New York Times.

Mid-year tax filings for PACs provide awareness about presidential campaign funding and how those funds are being used. In Save America’s case, money that could be going to necessary campaign needs or political work, is being spent overwhelmingly on the former president’s and his associates’ pending legal cases.

According to its mid-year Federal Election Commission (FEC) filing, the Save America PAC has spent approximately $25 million in the first half of 2023, $21.6 million of that went to legal fees.

This is the direct (and intended) result of the Democrats’ coordinated legal campaign against Trump.

 

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by Stephen Green