Donald Trump Raises $51 Million In June But Details Are Hazy
By Peter Overby
Republican presidential candidate Donald Trump at a rally in Raleigh, N.C., on Tuesday. Gerry Broome/AP hide caption
toggle caption Gerry Broome/AP
Donald Trump’s fundraising operation kicked into gear last month and raised about $51 million, the campaign says in a press release. But the release offered a less than complete picture of the financial structure meant to propel the real estate developer and reality TV star to the White House.
There was a glaring omission in Trump’s statement: It didn’t include how much cash on hand the campaign held as of June 30. On its last report to the Federal Election Commission, the Trump campaign reported holding just $1.89 million as of May 31 — versus $42.5 million reported by Hillary Clinton’s campaign.
The disclosure reports, with complete information for June, must be released by July 20. That’s the day after the Republican convention is expected to officially nominate Trump.
The release detailed sources of Trump’s money: $25 million from wealthy donors, $22 million from small donors and online givers, and nearly $4 million from Trump himself. That brings his personal campaign spending to around $50 million.
Clinton’s campaign, in a press release last week, said she raised $69 million in June and finished the month with more than $44 million on hand.
On both sides, much of the cash was funneled to national and state party committees.
New data from NBC News and the media firm SMG Delta show the impact of Clinton’s financial advantage. By their analysis, the Clinton campaign and its sidekick superPAC, Priorities USA Action, have spent $45 million on TV and radio ads.
Meanwhile, the Trump campaign has spent nothing so far on advertising for the general election. The National Rifle Association and pro-Trump superPAC Rebuilding America Now have spent a combined $2.8 million on Trump’s behalf.