‘Donald Trump is too broke to run’ in re-election campaign

Republican presidential candidate and former President Donald Trump walks during the Black Conservatives United dinner in Columbia, South Carolina, on February 23, 2024. Donald Trump is said to be broke and far behind Joe Biden financially. — Reuters

As former President Donald Trump’s mounting legal troubles continue to strain his finances, opponents on Thursday began speculating about the Republican and his slow campaign contributions to the White House.

Donald Trump is currently racing against time to post a $464 million bond, which is set to expire next week, after New York Judge Arthur Engoron directed him to pay $355 million in a civil fraud case.

Democratic President Joe Biden is the main rival of former Commander-in-Chief Trump.

‘Not a winning campaign: Broke Don holed up in basement,’ Joe Biden campaign reportedly says hill Report.

“Trump can’t raise money and doesn’t campaign, instead letting criminals and conspiracy theorists run his campaign.”

President Joe Biden smiles during a visit to Intel's Ocotillo campus in Chandler, Arizona, March 20, 2024. — Reuters
President Joe Biden smiles during a visit to Intel’s Ocotillo campus in Chandler, Arizona, March 20, 2024. — Reuters

Trump, who has been indicted four times, raised $10.9 million in February, while his fundraising committee raised just $11 million, according to election-related financial filings Wednesday. In cash terms, the total for the reelection campaign is estimated at nearly $42 million.

On the other hand, the 81-year-old president’s campaign has amassed about $53 million and has $155 million cash on hand.

“Two weeks into the election, Donald Trump is unable to raise money and is holed up in a country club letting criminals and conspiracy theorists take over his campaign,” Biden spokesman Amal Moussa said. “This is not A winning strategy.” ”

Much of the campaign’s funds have been spent on Trump’s legal woes, and documents filed with the Federal Election Commission by Save America, the group the former president founded to defeat Biden in 2020, show that in February Trump Legal fees exceeded $5.5 million.

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Spending topped $3 million in January, bringing the total since the start of 2023 to more than $55 million.

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By Ali Raza

I am a dedicated and skilled News Content Writer with a passion for delivering accurate and engaging stories to a diverse audience. With a solid background in journalism and a keen eye for detail, I bring a commitment to excellence and a deep understanding of the evolving media landscape.

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