Trump Setting ‘Money On Fire,’ Spending Tens Of Millions In Donor Money On Legal Bills

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In a statement provided to The New York Times, a spokesman for the Biden campaign mocked former President Donald Trump and his team for the rate of spending on legal expenses associated with Trump’s courtroom troubles.

The Times said there had been $50 million in spending to support Trump’s legal needs specifically utilizing money from political action committees associated with the former president — evidently meaning that’s where some of the donations made to Trump’s wide-ranging political operation are going.

“While Donald Trump lights money on fire paying the tab on his various expenses, Team Biden-Harris, powered by grass-roots donors, is hard at work talking to the voters who will decide this election and building the campaign infrastructure to win in November,” T.J. Ducklo, the Biden spokesman, said. The Biden campaign reached about $46 million in cash on hand at the close of the calendar year, meaning that’s the amount that the president’s central campaign operation amid his push for another term had available in usable funds, surpassing the comparable sum in Trump’s coffers by $13 million.

Adding the Biden campaign’s fundraising figures to those of affiliated campaigning operations sent totals skyrocketing, with the cash on hand across the campaign, the Democratic National Committee, and multiple affiliated entities reaching about $117 million at the same point on the calendar, meaning the end of last year. Democrats have repeatedly excelled in fundraising throughout recent elections. In Texas for instance, Rep. Colin Allred (D-Texas) is already closely challenging Sen. Ted Cruz (R-Texas) in campaign fundraising even as Allred remains just in the Democratic primary stage of the Senate race in which he’s hoping to eventually face Cruz himself later this year.

Polling of the 2024 match-up expected between Trump and Biden shows a mixed portrait in terms of who’s leading, though Biden’s massive over-performance in the South Carolina Democratic primary compared to the limited polling done of the race suggests surveys could be underestimating his support elsewhere too.