Donald Trump’s political organization is building a $100 million war chest

Donald Trump’s political organization entered July with nearly $102 million in cash reserves – an unprecedented war chest at this point in the election cycle for a former president, according to new figures.

Trump’s fundraising testifies to his continued ability to raise money from small donors online, as he trumpets baseless claims that voter fraud led to his downfall last year.

Trump’s team said 3.2 million in contributions were made to the former president’s political committees in the first six months of the year.

In a statement, Trump once again complained about a ‘stolen’ election and cited the donations as a sign that millions of Americans ‘share my outrage and want me to keep fighting for the truth’. .

Trump’s fundraising apparatus includes two political action committees: Save America, a leadership PAC, and the Make America Great Again PAC, as well as a separate joint fundraising committee.

Most of Trump’s cash reserves are stored in his PAC at the helm of Save America, with $90 million remaining in his accounts as of June 30, according to new documents – giving the Republican a significant sum to unlock as his party seeks to gain control of the House and Senate in next year’s midterm elections. Trump has also hinted he will seek the White House again in 2024, and the new numbers show he remains the dominant GOP fundraising figure, despite losing the election and gaining access to media platforms. social.

In announcing its fundraising total, which was first reported by Politico, on Saturday, Trump’s team said its committees had raised nearly $82 million in the first six months of the administration. year, but that total also included funds raised in 2020 that were transferred to his account. This year.

Trump spokesman Jason Miller said Sunday the transfers were included because they represented “all new Save America revenue for this period.”

Save America is the former president’s primary fundraising and public relations vehicle, and he uses it to release statements endorsing his favorite candidates and denouncing those he opposes. But the PAC had not contributed to any congressional candidates in the first six months of the year, according to its filings with the Federal Election Commission. Miller told CNN that checks began going out to approved applicants in July, after the period covered by new deposits.

Leadership PACs such as Save America have caps on donations, but federal rules place few restrictions on how their contributions can be spent. And in the first six months of the year, the PAC spent about $68,000 on accommodations and meals at the Trump Hotel Collection, records show.

Trump also endorsed a super PAC, Make America Great Again Action. Saturday night’s super PAC filing shows it’s grossed just over $5 million as of June 30. Individual donors include Nevada businessman Don Ahern who contributed $1 million, former Georgia senator Kelly Loeffler contributed $250,000 and MyPillow CEO Mike Lindell contributed $100,000. . Lindell is on a mission to argue that widespread fraud contributed to Trump’s defeat.

The super PAC recently began spending to boost Trump’s favorite candidates – pumping $100,000 into an unsuccessful bid in July to help elect Texas Republican Susan Wright in a special runoff for a House seat. United States. Wright lost to fellow Republican Jake Ellzey.

Another GOP primary on Tuesday — this time for a U.S. House seat from Ohio — will provide the final test of Trump’s ability to sway voters. Make America Great Again Action has spent more than $400,000 so far promoting Trump’s pick, coal lobbyist Mike Carey, in the Columbus-area special election.

This story has been updated with additional information.

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