March Fundraising
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Author Topic: March Fundraising  (Read 242 times)
Likely Voter
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Junior Chimp
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« on: April 21, 2016, 12:31:06 PM »

It's that time again. The campaign finance reports came out last night submitted on the FEC site. Here is a summary of everyone who was still in the race at the beginning of March (in $millions)

DEMS
Candidate   IN   OUT   CASH (minus debt)
Sanders   46.0   45.7   17.5
Clinton   26.8   28.7   29.0

GOP
Candidate   IN   OUT   CASH (minus debt)
Cruz   12.5   11.8   8.8   
Trump   14.6*   13.8   -34.6
Kasich   4.5   4.6   1.2

Rubio   2.6   4.3   2.7   [out March 15]
Carson   0.5   2.0   3.0   [out March 4]



*including 11.5m loan from Trump
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Dr. Arch
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« Reply #1 on: April 21, 2016, 12:33:41 PM »

Trump's campaign is 34 million dollars in debt??
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yankeesfan
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« Reply #2 on: April 21, 2016, 12:35:55 PM »

Trump's campaign is 34 million dollars in debt??

That $34mm is presumably mostly money that the Trump campaign owes to Donald J. Trump because he has loaned the campaign money.  He is entitled to be paid back eventually.
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Dr. Arch
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« Reply #3 on: April 21, 2016, 12:38:19 PM »

Trump's campaign is 34 million dollars in debt??

That $34mm is presumably mostly money that the Trump campaign owes to Donald J. Trump because he has loaned the campaign money.  He is entitled to be paid back eventually.

Hah.
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Likely Voter
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Junior Chimp
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« Reply #4 on: April 21, 2016, 12:38:39 PM »
« Edited: April 21, 2016, 01:57:25 PM by Likely Voter »

Quick thoughts
- Sanders gap over Clinton in both fundraising and spending increased approaching 2:1
- Sanders is within $1m of Clinton in total raised for the entire cycle and has outspent her $185.9M vs 168.4M
- Trump's lending to his own campaign has increased with the largest monthly loan yet in March
- Rubio and Carson had enough cash to carry on when they dropped out
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Likely Voter
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Junior Chimp
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« Reply #5 on: April 21, 2016, 12:43:21 PM »

Trump's campaign is 34 million dollars in debt??

That $34mm is presumably mostly money that the Trump campaign owes to Donald J. Trump because he has loaned the campaign money.  He is entitled to be paid back eventually.

That is the case. And that is why I used the term 'self-financing' instead of 'self-funding' He has donated some money to his campaign but the vast majority of it is in the form of loans. I suspect he expects that money to eventually be paid back, it may take years of selling 'Make America Great' merchandise, but he has gone out of his way to not truly 'self-fund'
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PeteB
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« Reply #6 on: April 21, 2016, 03:26:16 PM »

Trump's campaign is 34 million dollars in debt??

That $34mm is presumably mostly money that the Trump campaign owes to Donald J. Trump because he has loaned the campaign money.  He is entitled to be paid back eventually.

That is the case. And that is why I used the term 'self-financing' instead of 'self-funding' He has donated some money to his campaign but the vast majority of it is in the form of loans. I suspect he expects that money to eventually be paid back, it may take years of selling 'Make America Great' merchandise, but he has gone out of his way to not truly 'self-fund'

Unfortunately, I suspect that he will get the money back very quickly. As part of a deal with the GOP, for Trump to back off and support the nominee, you can bet that Trump will obligate the Republican party to hold fundraisers to repay him back.

In other words, he would have run a campaign to free, while collecting IOUs and having fun. Plus, his loan may have been in secured assets and he will get repaid in cash.  Not a bad gig, if you can get it.
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