The fundraising flowed into the coffers of Trump’s joint fundraising committee in less than four weeks thanks to a barrage of fundraising solicitations to Trump’s supporters, urging them to donate to an “Election Defense Fund” as the President hyped up conspiracy theories about a stolen election.
In reality, an increasingly large share of the funds have helped retire the Trump campaign’s debt and fund the President’s future political operation via a political action committee.
One campaign adviser said the fundraising is a big indication that Trump “isn’t going anywhere.” The adviser said there is already talk of Trump doing some extensive traveling post-presidency, including trips overseas to maintain his visibility.
The legal fine print on the appeals, however, shows that 75% of the funds raised, up to $5,000, go to the new leadership PAC, Save America. Only after the $5,000 threshold is met, does any money go into the Trump campaign’s recount account.
In all, the campaign has sent 400 fundraising emails and another 125 texts between 11 p.m. ET election night and early Tuesday morning.
The Trump campaign had spent $3 million for a partial recount in Wisconsin.
CNN’s Jim Acosta contributed to this story.
Source link