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FEC Filings: Trump Campaign Paid $1 Million to His Own Companies Last Month, Financial Situation Growing Dire

June 21, 2016 By WHC Insider

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Photo Courtesy of Haddad Media

In filings with the Federal Elections Commission Monday, the Donald Trump campaign revealed that over $1 million was spent on Trump-owned companies such as his Palm Beach resort Mar-a-Lago, to which he paid over $400,000. Trump’s campaign paid nearly $350,000 for private jet and helicopter expenditures through TAG Air, also owned by Trump. Other expenditures include a $125,000 bill from Trump Restaurants, $35,000 for the Trump National Golf Club in Juniper, Florida, and nearly $30,000 for rentals and catering at the Trump International Golf Club in West Palm Beach, Florida.

Also revealed in the FEC filings are the surprisingly empty coffers of the Trump campaign. Trump declared an astonishingly low $1.3 million war chest, the smallest ever for a modern presidential candidate. His on-hand cash is dwarfed by the Hillary Clinton campaign’s $42 million it raised from both private donors and super PACs. The Clinton campaign is expecting to spend well over $100 million on television ads alone before November.

It is unclear how the Trump campaign plans to make up this enormous deficit, and reports have surfaced that Donald Trump seems unwilling to reach out to big donors in the face of paltry fundraising numbers. Politico reported on June 15 that Trump walked out of a fundraising session coordinated by the RNC. According to the report, “Trump had promised [RNC Chairman Reince] Priebus that he would call two dozen top GOP donors, when RNC chief of staff Katie Walsh recently presented Trump with a list of more than 20 donors, he called only three before stopping, according to two sources familiar with the situation. It’s unclear whether he resumed the donor calls later.”

You can read the full story from Politico here.

For more on Donald Trump’s FEC filings click here.

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Filed Under: News Tagged With: Donald Trump, FEC, Hillary Clinton

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