Donald Trump’s political operation is reeling after spending around $60 million on legal fees pertaining to the four criminal indictments and various ongoing civil lawsuits against him.

Disclosures indicate that Trump’s campaign and the various political action committees supporting it blew through tens of millions of dollars in 2023, leaving him cash-strapped heading into 2024.

Save America PAC, Trump’s primary PAC heading into his likely rematch with President Joe Biden, once had over $100 million in the bank. Now, it has just a little over $5 million left after spending over $25 million on legal bills in the second half of last year alone.

17 points

They blew the entire war chest on legal fees and he still can’t afford to pay his lawyers.

It would have been a lot cheaper to just, you know, not incite an insurrection and defraud investors and sexually abuse women.

permalink
report
reply
60 points

Maybe that’s because his PAC is blowing millions getting its ass kicked in Ukraine?

permalink
report
reply
5 points
*

deleted by creator

permalink
report
parent
reply
82 points
*

He’s not strapped for cash. He sold U.S. secrets to the Saudis for $2 Billion. Jared Kushner is holding his money for him. He won’t actually be broke until we go after that pot of stolen gold.

permalink
report
reply
-15 points

Is this /c/conspiracy? Why have I not heard of this

permalink
report
parent
reply
52 points

https://thehill.com/policy/4215912-saudi-crown-prince-suggests-investment-would-stay-in-kushner-fund-if-trump-reelected/

It’s $2b invested in a fund. I.e. trivially converted into fees and then funneled to whatever.

permalink
report
parent
reply
22 points

Was reported early 2022. About same time people were focusing on Ukraine.

permalink
report
parent
reply
3 points

It’s $2 billion that still belongs to the Saudis. Jared is getting a management fee of probably $20 million per year. Definitely still a bribe/payment for services rendered just trying to say the amount and mechanism are not what you think.

permalink
report
parent
reply
2 points
*

I’ve always understood their “investment” into a company that doesn’t actually do anything to be very similar to a “loan” given to Clarence Thomas that he never has to repay or report (because it’s just a loan y’all).

permalink
report
parent
reply
18 points
*

You know Kishner and Ivanka flipped on him. They probably negotiated too keep the money in exchange for their information on what he did.

permalink
report
parent
reply
3 points

Pizza party this Friday is cancelled :(

permalink
report
reply
2 points

Trump doesn’t do pizza parties.

He does McDonalds parties, much cheaper.

permalink
report
parent
reply
11 points

He should just squeeze his base for more cash. They don’t mind.

permalink
report
reply

politics

!politics@lemmy.world

Create post

Welcome to the discussion of US Politics!

Rules:

  1. Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.

Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.

Example:

  1. Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
  2. Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
  3. No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to “Mom! He’s bugging me!” and “I’m not touching you!” Going forward, slapfights will result in removed comments and temp bans to cool off.
  4. Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
  5. No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.

That’s all the rules!

Civic Links

Register To Vote

Citizenship Resource Center

Congressional Awards Program

Federal Government Agencies

Library of Congress Legislative Resources

The White House

U.S. House of Representatives

U.S. Senate

Partnered Communities:

News

World News

Business News

Political Discussion

Ask Politics

Military News

Global Politics

Moderate Politics

Progressive Politics

UK Politics

Canadian Politics

Australian Politics

New Zealand Politics

Community stats

  • 15K

    Monthly active users

  • 16K

    Posts

  • 450K

    Comments