Update on the midterm elections in the United States
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Donald Trump entered July with a war chest of more than $ 100 million from his 2021 political committees, raising more than other Republicans in online donations in the first half of this year, according to new funding files. federal campaign.
Trump’s huge cash flow – unprecedented for a former president – has renewed speculation he is considering a 2024 campaign. But not all the money can be used for re-election efforts.
The sum is a testament to his enduring popularity among Republicans, even after losing the 2020 election and being stripped of his favorite communications platform when Twitter banned his account in January.
Most of the money available – $ 90 million – came from Save America’s (Pac) Political Action Committee. The rest accumulated in several other fundraising vehicles, some from his 2020 presidential campaign, others newly launched, making it difficult to keep track of the money Trump raised and what it was used for. ‘he can do it.
The fundraiser confirms that Trump could be very influential in the upcoming 2022 congressional midterm elections. Although he has used Save America Pac to support Republican candidates in these elections, he has yet to pay any money. money in their campaign accounts. He also spent little on state ballot reviews, although he used the false claim that the election was “stolen” from him to solicit donations.
He spent more than $ 13 million on his Make America Great Again Pac account, most of it on legal and advisory fees related to the 2020 election recount efforts.
Trump-affiliated groups raised a total of more than $ 56 million on the online Republican fundraising platform WinRed, overtaking the Republican National Committee ($ 19 million) and the Republican Senate and House committees. House combined ($ 23 million raised by the National Republican Senate Committee and $ 26 million raised by the Congressional Republican National Committee).
The Trump Make America Great Again Committee, which at $ 35 million has raised more than any other committee through WinRed, is a joint fundraising account that splits its income among Trump’s other committees (75%) and the Republican National Committee (25%), a direct indicator of how the party still relies on its name to mine money, especially from small online donors.
The two Trump-affiliated beneficiaries of the Trump Make America Great Again committee are the Save America Pac, which Trump set up in the aftermath of the 2020 election, and the Make America Great Again Pac, which was Trump’s main campaign committee during the election. Trump has another joint venture, the Save America Joint Fundraising Committee, which only raises funds for the other two Trump groups.
Trump Victory, a joint venture between Trump and several Republican Party committees during his campaign, no longer receives contributions but has about $ 2 million in cash to distribute.
Trump has endorsed Make America Great Again Action Inc, which has raised more than $ 5 million since its launch in March. Led by former Trump campaign manager Corey Lewandowski, the group is a super Pac, which means unlike Trump-affiliated Pacs, they can raise and spend unlimited amounts of money. However, he cannot coordinate directly with the candidates.
Former Georgia Senator Kelly Loeffler, who was defeated by Raphael Warnock in the January special election, wrote a check for $ 250,000 to the group in May, around the same time as the $ 100,000 contribution from the Managing Director of MyPillow, Mike Lindell.
Of the more than $ 62 million he has raised through Save America Pac, Trump has spent only $ 3.2 million as of June 30, including a $ 1 million donation to the America First Policy Institute, a nonprofit organization dedicated to promoting Trump’s policies that supported his legal battles against Google’s Facebook, Twitter and YouTube, over $ 68,000 at Trump hotels.
As “Leadership Pac”, Save America Pac funds cannot be directly used on its own campaign. Otherwise, there are few significant restrictions on how he can spend his money. Campaign finance reform groups such as Issue One have warned that Save America, like many congressional leaders’ Pacs, could be “a classic example of a political slush fund.”
But even outside of Save America, Trump is sitting on tens of millions of dollars in cash on his various committees. It won’t be until January 2022, the next Federal Election Commission filing date for these committees, that a clearer picture emerges of what Trump plans to do with them.