So It Turns Out the Trump Campaign Has Surprisingly Little Cash on Hand
The May FEC campaign finance numbers are out, and they are not good for Donald Trump.
The Trump campaign began May with $2.41 million in cash on hand, and they went into June with only $1.29 million on hand.
The Hillary Clinton campaign, meanwhile, started May with $30.16 million in cash on hand. They went into June with $42.46 million in cash on hand.
The Trump campaign raised a little over 3 million last month. The Clinton campaign raised, well, millions and millions more than that.
Oh, and during that month-long period, Trump loaned his own campaign $2.2 million.
If you’re looking for some perspective here…:
For those wondering “what does $1.3 million in the bank mean?”
Answer: it’s the equivalent of a House member w/ a semi-competitive seat.— Phil Mattingly (@Phil_Mattingly) June 21, 2016
Hillary Clinton raised $1.4 million more than this. Tonight. https://t.co/LK6oDmTF6A
— Gabriel Debenedetti (@gdebenedetti) June 21, 2016
Presidential campaigns with more cash on hand than Trump on May 31:
Ben Carson ($1.7M)
Ted Cruz ($6.8M)
Bernie Sanders ($9.2M)— Derek Willis (@derekwillis) June 21, 2016
Trump has less cash-on-hand https://t.co/YhvCyXJnhm than the average apartment price in Manhattan https://t.co/kn1lsGk7Us
— (((Harry Enten))) (@ForecasterEnten) June 21, 2016
Now, Trump proudly declared throughout the primary process that he was self-funding his campaign (even if he kinda wasn’t), but he indicated last month (during the above low cash flow) that he won’t be completely self-funding.
Now, did the Trump campaign anticipate a problem here when the numbers came out? Well, it’s not like they just fired anyone who might have been responsible for managing the campaign…
[image via Shutterstock]
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