Joint cmte allows #Trump to raise money for #LegalBills, huge checks for #RNC
New #FEC filings this wk illustrated the tremendous burden that Trump’s #legal #bills have placed on his operation, but he has a new vehicle to help him raise money for the #SaveAmerica #PAC that has handled many of those legal costs.
#grift #TrumpIsBroke #law #BidenHarris2024
https://www.washingtonpost.com/politics/2024/03/21/trump-joint-fundraising-committee-rnc/
The #Trump47 Cmte — established through negotiations between the #Trump campaign & the #RNC — is a joint #fundraising vehicle that can raise hundreds of thousands of dollars from #donors & distribute that money to the Trump campaign, #SaveAmerica, the RNC & ≥39 state cmtes, acc/to a document filed w/the #FEC on Mar 19.
The joint #fundraising agreement turns on the spigots to create a much-needed #cash infusion for the #RNC, which has trailed the #DNC in its fundraising. But the fact that #SaveAmerica, #Trump’s #PAC, will also benefit from the checks cut to the joint fundraising cmte is likely to raise concerns for #donors who don’t want their #campaign #donations directed to Trump’s #LegalBills.
The #Trump47 Cmte can raise up to $814,600 acc/to a donor form…& the joint #fundraising agreement outlines where each dollar is allocated sequentially down to the last dollar of each contribution.
The #donor form shows that the first $3,300 of each donation will be directed to #Trump for President primary election acct; the next $3,300 will go to his general election acct; the next $5k will go to #SaveAmerica & the next $413k is directed to the #RNC.
The remaining dollars up to $814,600 will be directed in various amounts to the local #Republican Party in 39 states. (if evenly that’s <$21k per state)
…Previously, #Trump had structured his joint #fundraising account so that each time a donor contributed a dollar to the campaign, 10 cents was directed to #SaveAmerica & 90 cents was allocated to the Trump presidential campaign.