Current Events > Trump Campaign Announces Record $50.5 Million Haul at Florida Fundraiser

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Donald Trumps campaign said it raised $50.5 million at a Saturday fundraiser in Florida, a staggering sum as the former presidents political operation scrambles to close its big financial gap with President Joe Biden and the Democratic Party.

The haul announced by the campaign and top officials with the Republican National Committee far eclipses the $26 million that Biden reported collecting recently at a star-studded gathering in New York City that featured former Presidents Bill Clinton and Barack Obama. The Trump total from the Inaugural Leadership Dinner at the Palm Beach, Florida, home of billionaire investor John Paulson sets a record for a single fundraising event.

The Biden campaign criticized Trump for the high-dollar fundraiser, saying hes not fighting for ordinary Americans.

Donald Trump spent his entire presidency lining the pockets of wealthy tax avoiders like himself at the expense of the middle class, Biden campaign spokeswoman Sarafina Chitika said in a statement. The American people deserve a president that fights for main street, not Wall Street.

An array of wealthy GOP figures were billed as event co-chairs, including hedge fund billionaire Robert Mercer and his daughter Rebekah; oil tycoon Harold Hamm; hotelier and space entrepreneur Robert Bigelow; and casino mogul Steve Wynn, according to an invitation obtained by CNN.

The price tag for the fundraiser ranged from $250,000 per person for those serving on the host committee to $824,600 per person to serve as a chairman. Perks for those contributing at the top level included dinner seating at Trumps table.

But Trump has lots of ground to make up in the fundraising race.

Biden and the Democratic Party on Saturday announced raising more than $90 million in March and entering April with some $192 million in available cash in their war chest.

The Trump campaign and the RNC announced raising a combined $65.6 million in March and said they closed the month with $93.1 million in cash on hand.

The Palm Beach fundraiser collected money for the Trump 47 Committee, a joint fundraising operation that includes Trumps campaign, the RNC and state party committees. It also benefited a leadership PAC that has underwritten Trumps personal legal bills and is part of the joint fundraising agreement.

For its part, Bidens team has said its early fundraising advantage has helped build a campaign infrastructure in key battleground states including opening more than 100 new campaign offices.

The team has also highlighted its grassroots fundraising operation as a tool that can sustain the presidents campaign through the long haul of the general election. The campaign said 96% of its first-quarter donations were under $200.

That's seven months of legal bills paid for.

Is it even enough for the civil fraud bond?

I don't believe this one bit without solid proof.

I don't believe this one bit without solid proof.

A recent revelation from Federal Election Commission (FEC) filings has unveiled that former President Donald Trump utilized a staggering $50 million in donor money to finance his legal battles in 2023.

CBS News political reporter Hunter Woodall delves into the intricacies of Trumps fundraising efforts and the significant role small donors played in financing his legal battles.

The majority of the staggering $50 million earmarked for legal fees is reported to have come from small donors. The FEC disclosure sheds light on the financial dynamics of Trumps legal defense, raising questions about how contributors feel about their money being allocated to these legal endeavors.

Hunter Woodall emphasizes the substantial nature of Trumps legal expenditures, amounting to $50 million for legal investigations and related costs. This colossal spending spree is dissected, highlighting the former presidents prowess as a fundraiser and the multiple political committees contributing to his war chest.

Examining the campaign finance records, the report unveils that Trump, as he gears up for a potential presidential run, has already spent over $50 million on legal costs.

The analysis emphasizes the vast sums raised from various political committees, including Super PACs and his primary campaign fund, which boasts significant cash reserves.

The guy who lies about everything announces he made nearly twice as much as his opponent did in an event where he was obviously jealous as fuck over.

Yeah, Im waiting for the FEC filings on this one.