- Mar 14, 2019
- Reaction score
- Gilbert, AZ
How Trump's Billion-Dollar Campaign Lost Its Cash Advantage
Money was supposed to have been one of the great advantages of incumbency for President Donald Trump, much as it was for President Barack Obama in 2012 and George W. Bush in 2004. After getting outspent in 2016, Trump filed for reelection on the day of his inauguration -- earlier than any other...
Overall a good article detailing all of the spending that the Trump campaign did, and when.
One thing that caught my eye was the issue with funneling so much cash through LLC's...
Trump, who once joked he could be the first candidate to make money running for president, has steered, along with the Republican Party, about $4 million into the Trump family businesses since 2019: hundreds of thousands of dollars to Trump’s club at Mar-a-Lago in Florida, lavish donor retreats at Trump hotels, office space in Trump Tower, and thousands of dollars at the steakhouse in Trump’s Washington, D.C., hotel.
Many of the specifics of Trump’s spending are opaque; since 2017, the campaign and the RNC have routed $227 million through a single limited liability company linked to Trump campaign officials. That firm, American Made Media Consultants, has been used to place television and digital ads and was the subject of a recent Federal Election Commission complaint arguing it was used to disguise the final destination of spending, which has included paychecks to Lara Trump and Kimberly Guilfoyle, the partners of Trump’s two adult sons.
Millions more followed to firms tied to RNC and Trump-linked officials, including more than $39 million to two firms, Parscale Strategy LLC and Giles-Parscale, controlled by Parscale since the beginning of 2017.
Parscale said that he had “no ownership or financial interest in A.M.M.C.” and that he had “negotiated a contract with the family for 1% of digital ad spend and after becoming campaign manager took no percentage.”
Side note, I have gotten a couple texts from the Trump campaign (or a PAC, probably)..
"Conservatives are counting on you to vote this November. Do you duty, and request your ballot to vote right now! Click here..."
Uhh... you got the wrong guy. But thanks, I did request my ballot already.