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Trump’s FEC Filings
Donald Trump’s May FEC filings were released yesterday evening and they do not paint a pretty picture. Trump entered June with $1.3 million in cash-on-hand. That’s fairly typical… for a semi-competitive congressional race. Over on the Democratic side, Hillary Clinton had $42 million going into June. In May, Trump’s campaign spent $6.7 million. About 20 percent of this spending was payments to firms he owns and covering his children’s travel expenses. Looking forward, Clinton’s campaign has reserved $117 million in ad buys between tomorrow and Election Day on television, while Trump and his groups have reserved $700,000. It’ll be hard for the RNC to cover the gap, as:
…the RNC had only about $20 million cash-on-hand at the end of the month — $40 million less than the RNC did as of May 2012, when Mitt Romney, a prolific fundraiser, was topping the ticket. And it raised about $20 million less in May 2016 as it did in May 2012.