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To: a fool in paradise

Trump loaned the money to his campaign, he could retire his campaign costs with donations at a later point. And he’s taken in a couple million in donations from the public beyond the money he himself fronted.


Did not know that...do you have a source?


64 posted on 03/11/2016 1:39:51 AM PST by Freedom56v2 (I stand with Sheriff Joe, Phyllis Schlafly, Jerry Falwell Jr, Sarah Palin, Pat Robertson, Willie :))
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To: bushwon

Plenty of articles about it, choose you own source of liking.

This was the first match on google

http://www.politifact.com/truth-o-meter/statements/2016/feb/10/donald-trump/donald-trump-self-funding-his-campaign-sort/

Is Donald Trump self-funding his campaign? Sort of

By Lauren Carroll on Wednesday, February 10th, 2016 at 4:00 p.m.

...”Trump’s campaign brought in about $19.4 million by the end of 2015. Trump contributed nearly $13 million of that himself. Most of the remainder comes from individual contributions, which federal law caps at $2,700 per candidate per election.”...

“There is, though, a ‘donate’ button on Trump’s website.”

and

...”But in the last quarter, Trump gave his campaign a $10.8 million loan, turning that balance around.”

“That brings us to the second caveat: The vast majority of Trump’s contributions to his own campaign — about $12.6 million — are loans rather than donations. This means he could expect to eventually recoup these funds.”

“Further, of the approximately $12 million Trump’s campaign spent in 2015, about $2.7 million went toward reimbursing Trump-affiliated companies for services provided to the campaign, such as traveling in his own plane and helicopter, according to a New York Times analysis.”


66 posted on 03/11/2016 1:43:52 AM PST by a fool in paradise (Obama is more supportive of Iran's right to defend its territorial borders than he is of the USA's.)
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