Trump Political Groups Raised $82M In First Half Of 2021

From WWW.POLITICO.COM

Trump political groups raised $82M in first half of 2021

Led by Save America PAC, the former president’s new political outfit, the three groups have over $100 million in the bank.

Former President Donald Trump’s political committees raised $82 million during the first half of 2021 and have $102 million in the bank, according to federal filings to be made public Saturday evening.

The figures, shared first with POLITICO, underscore the profound reach of Trump’s fundraising power. While the former president is out of office and has been deplatformed on social media sites, he maintains a massive online donor network that he could lean on should he wage a 2024 comeback bid.

The scenario is virtually unprecedented: Never in history has a former president banked nine figures’ worth of donations to power a political operation. Over the first six months of the year, Trump’s political groups whipped up supporters with baseless claims of election fraud to pull in more cash than the Republican Party’s House and Senate campaign arms. The Trump committees raised nearly as much as the Republican National Committee.

The former president’s fundraising was spread across three committees: Save America, a leadership PAC he launched shortly after losing the 2020 election; Make America Great Again PAC, his old campaign account which was converted into a PAC this year; and a joint fundraising outfit that sends its funds to the other two groups.

Leadership PACs like Save America have a $5,000 donation limit per donor, per year, but there are few restrictions on how those groups can spend their money. Trump has spent little from the fund so far this year, but he can use it to pay for travel, events, advisers, ad campaigns, and supporting candidates and other political activities.

There is one notable restriction: The leadership PAC funds cannot be used to finance a presidential campaign.

Earlier this year, Trump also gave his b… (Read more)

Source: Red State Observer: TRUMP POLITICAL GROUPS RAISED $82M IN FIRST HALF OF 2021

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