Posted on 04/20/2016 3:04:16 PM PDT by SeekAndFind
Half a billion. Minimum. That’s how much funding Donald Trump is likely to need if he becomes the GOP presidential nominee and runs against Hillary Clinton in the fall.
The estimate comes from Anthony Scaramucci, founder of the hedge fund Skybridge Capital, who’s a prominent Republican donor. “If you do the math, he’ll need 15,000 $33,000 checks,” Scaramucci tells me in the video above. “That’s $495 million. He’s late to the party on that. If he’s going to be the nominee, he needs to start organizing that now.”
Scaramucci is referring to the maximum amount individual donors can give each year to the Republican and Democratic National Committees, which is $33,400. The party committees play a large role in funding the presidential campaigns, and the donation limit is the highest for any committee that’s allowed to be directly involved with a campaign. Super PACs have no limit on donations, but they’re not supposed to coordinate (wink, wink) with the candidates’ campaign committees.
So far, Trump has loaned his committee about $25 million of his own money, and drawn another $10 million in donations from supporters. And he’s pledged to spend as much as $100 million of Trumpbucks on the race. But even if he did, he’d fall way short of the scratch typically spent on a presidential race. In 2012, for instance each side spent roughly $1 billion.
That means Trump, if he’s the nominee, will need help raising money from the Republican establishment he’s been feuding with. Trump, for instance, has called the RNC’s rules for selecting a candidate “rigged.” He has also mocked many of the party’s big donors, who have so far blown more than $200 million on super PACs supporting failed candidates long gone from the race.
(Excerpt) Read more at finance.yahoo.com ...
Perhaps he can sell Trump Towers...
With friends like the GOPe who needs enemies?
Somehow, I don’t think this is necessarily the case. She has so many negatives, that are so news worthy, such that the Republican nominee will get a lot of free news coverage just by telling the truth about her. She’s a narcissist, and I think it will be very difficult for her not to respond to derision, and she will also fuel the news cycle in this way.
Trump will use GOP money in the general election. He has said as much when asked.
What ever it is, Trump will need the help of the GOP should he become the nominee.
Hillary Clinton and the Super PACs supporting her will probably spend north of 2.5 billion dollars against Donald Trump.
Trump says he has no Super Pacs and has made not taking money from big donors a centerpiece of his campaign.
If you take away the value of his name, Trump would probably have to liquidate a significant amount of his fortune (which is mostly held in real estate assets) to compete financially with Hillary.
If the money will be there for him to use. You know, like, “Gee Don, money is tight this year”.
..She has so many negatives, that are so news worthy...
Cringe worthy.
Plus Trump has said he would fundraise for the GOP.
Good luck with that, Donny.
I think when Trump becomes the nominee he should begin requesting donations from his supporters within the limits for individual contributions. 5,000,000 donations averaging $100.00 gets him a half billion.
I think the response would be epic.
Yawn.http://www.huffingtonpost.com/entry/donald-trump-2-billion-free-media_us_56e83410e4b065e2e3d75935
Half a billion. Minimum. That’s how much funding Donald Trump is likely to need if he becomes the GOP presidential nominee and runs against Hillary Clinton in the fall.
What if the Judge doesn’t let her out of Prison to Run??
Don’t forget the 2 Billion in free PR he gets every time he sneezes.
I was going through my purse the other day. I found a $100 bill hidden away. I could donate that. : ) Vote Trump.
It would be novel and interesting if politicians were only accountable to the people of the country. I can’t help but wonder how different things might be.
I haven’t sent the Trump campaign any money since he wasn’t asking. But I will send a hundred now and then if he does ask. He should because I know his supporters would rather him spend what is necessary in the general election than fail to respond to what will be a huge TV smear campaign from Hillary.
So the whole money spiel was just plain ole bs?
I believe the last year on his financials he had a net income of about 270 million. So his income from when he announced until he is sworn in will cover most of it.
Of course there will be pacs supporting him as nominee, regardless of him not collecting large donations.
How could he leverage the value of his name for costs in the election?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.