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Thursday, February, 2024
Takeaways from the 2024 cash dash: Legal cases drain Trump as clash with Biden looms

Former President Donald Trump is facing a cash crunch as he tries to defend himself in court, lock down the Republican nomination and turn toward a general election rematch with an increasingly money-flush President Joe Biden.

Campaign finance records filed Wednesday show the main super PAC supporting Trump’s campaign, MAGA Inc., spent more than it raised in the last six months of 2023 — primarily by transferring back $30 million to Save America, the main vehicle for paying the former president’s prodigious legal fees. Similarly, Trump’s official campaign blew through more cash than it took in over the last three months of the year.

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