Donald Trump‘s political group, responsible for his legal expenses, disclosed spending $3.6 million on lawyer fees in March, depleting resources important for his presidential bid against Joe Biden.
Despite attempts to challenge Biden, Trump faces significant financial hurdles as he contends with ongoing legal battles.
Trump’s Save America group, largely funded by small donors, saw minimal contributions in March, prompting concerns over dwindling finances.
The group utilized a $5 million refund from a super PAC to cover expenses, reclaiming a substantial portion of previously allocated funds.
With over $52 million reclaimed from MAGA Inc., Save America’s financial support for Trump’s campaign diminishes, impacting the availability of resources for important ad campaigns.
Legal fees alone have surpassed $59 million since the beginning of 2023, highlighting the substantial financial strain.
Trump’s legal challenges include four criminal trials, spanning allegations of falsifying records, mishandling classified documents, and contesting the 2020 election results. Trump faces a $454 million civil fraud judgment, further jeopardizing his financial stability.
Despite efforts to bolster fundraising, Trump’s campaign trails Biden’s significant monetary advantage.
Biden’s campaign raised over $43 million in March, accumulating $85 million in funds, while Trump’s campaign ended the month with $45 million in cash, illustrating Biden’s fundraising dominance.
While Trump targets big donors in recent fundraising events, his reliance on small donors falters, reflected in comparatively lower contributions.
Despite fundraising efforts, Trump’s campaign faces formidable challenges in matching Biden’s financial prowess, a critical factor in the upcoming presidential race.