Posted on 04/20/2016 3:04:16 PM PDT by SeekAndFind
Half a billion. Minimum. Thats 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, whos a prominent Republican donor. If you do the math, hell need 15,000 $33,000 checks, Scaramucci tells me in the video above. Thats $495 million. Hes late to the party on that. If hes 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 thats allowed to be directly involved with a campaign. Super PACs have no limit on donations, but theyre 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 hes pledged to spend as much as $100 million of Trumpbucks on the race. But even if he did, hed 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 hes the nominee, will need help raising money from the Republican establishment hes been feuding with. Trump, for instance, has called the RNCs rules for selecting a candidate rigged. He has also mocked many of the partys 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 ...
He will be the presumptive nominee when he gets 1237. If Pence endorses Cruz, that will ensure Trump loses Indiana. He will then lose Nebraska, and will fail to clinch the nomination.
If he is the nominee of the party, they are required to support his candidacy, Loyalty works both ways.
It's been reported that it'll take around a billion dollars to compete. Wonder if he expects the GOP to fund him after all the bad mouthing of them he's done.
My guess is that they'll just write off the presidency this round and put the money toward trying to save the Senate. Will be interesting to see what happens.
Trump is self funding his Campaign to become the Republican Nominee.
Once he secures that, the Party Apparatus kicks in to support their Nominee, whether it is Trump or anyone else.
It is no longer Trump against singular Candidates, it becomes Trump and the Republican Party against Hillary and the Democrat Party.
I love how people are trying to make Hay out of this because Trump has and continues to Self Fund.
Once the Convention is over, everything changes.
That being said, I believe that if Trump asked his Supporters for Financial help for the General Election Campaign, he would break all records for Individual Donations. Just a gut feeling.
Disclaimer: Former Cruzer now leaning Trump.
Can you say DELUSIONAL little boy?
RE: Can you say DELUSIONAL little boy?
I can’t say that unless you explain who is delusional.
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