Trump’s PAC Burned $230,000 a Day on Legal Bills in February
Trump’s PAC Burned $230,000 a Day on Legal Bills in February
Even by the standards of Trump’s legal slush fund, February was a brutal month that underscored the historic financial pressure on his 2024 campaign.
In the month of February, Donald Trump finally neared the start of his general election campaign against Joe Biden—while burning through his political operation’s coffers for even more cash to support his legal defenses.
On Wednesday night, Trump’s “Save America” leadership PAC—the political committee that now functions primarily as his legal slush fund—reported paying lawyers $5.6 million last month, according to Federal Election Commission filings. That’s well above the $5 million total the PAC raised in the same period.
The PAC also deferred payment on more than half a million dollars in additional fees to Alina Habba, who represented Trump in both of his milestone court losses in New York this year, while racking up a $645,000 bill to a company tasked with managing legal records in his business fraud case.
.... that's like. half a bond. what are they spending it on?
230K a day x 29 days is only $6,670,000, or 1.43% of his $464M bond. :)
To hit half of $464M they would need to be burning $8M a day for 29 days.
The article says the total was more than $6.9 million, or $238,000 a day. The title is apparently heavily rounded down.
However I'm not sure if that's quite accurate as it does mention deferred payments. The main lawyer fees paid were $5.6 million, which alone is more than the $5 million the PAC raised that month.
On Tuesday, Trump’s “Save America” leadership political action committee reported raising just $8,508 from donors in the entire month of January, while spending about $3.9 million, according to a new filing with the Federal Election Commission.
Two things: First, LMAO they only raised $8,508 in a month? They would have been better off opening a lemonade stand.
Second, remember when Trump first announced his candidacy and said he'd be paying for his campaign using his own personal money? How far we've come since then.
The 'pay for it himself' lasted a couple of months. iirc he spent about $50 million priming the pump and then began accepting donations.
BTW, Trump once claimed he'd invented the term "priming the pump"
Remember when Trump offered to pay for legal fees for his supporters?
Turned out not that by 300%
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Really puts things into perspective huh?
The PAC also deferred payment on more than half a million dollars in additional fees to Alina Habba, who represented Trump in both of his milestone court losses in New York this year, while racking up a $645,000 bill to a company tasked with managing legal records in his business fraud case.
Why do I get the feeling Ms. Habba is never getting that money? She could sue, I suppose, but she'd be in the back of a long line of people doing the same.
And? what are the republiQans gonna do about it?
Ha! Yeah, that's what I thought.
Anyway. Someone mentioned coffee . . .
You know, in hindsight, you'd have to be an idiot to turn down being Trump's lawyer. Absolutely tons of money, and you'll have no moral worries when you decide to intentionally throw the case.
Better get a retainer and jump as soon as it's burned up.
Someone explain one thing to me - how could paying these bills not be considered coordination with the candidate?
My guess it is, but it is "good for everyone", since they can campaign less, hence the more money goes to Trump, the more seats Dems get.