Associated Press
Donald Trump’s campaign is expecting to raise more than $40 million on Saturday when major donors gather for his biggest fundraiser yet.
The event at the Palm Beach, Florida, home of billionaire investor John Paulson is expected to bring in $43 million for the former president’s third run at the White House, according to Paulson.
The high-dollar event is expected to include about 100 guests, including more than a few billionaires, and top a new single-event fundraising record set by President Joe Biden, who raised $26 million recently at a gathering with former Presidents Bill Clinton and Barack Obama.
“The response to our fundraising efforts has been overwhelming, and we’ve raised over $43 million so far,” Paulson, a hedge fund manager, said in a statement. “There is massive support amongst a broad spectrum of donors.”
The event, billed as the “Inaugural Leadership Dinner,” sends a signal of a resurgence of Trump and the Republican Party’s fundraising, which has struggled to catch up to Biden and the Democrats.
Trump and the GOP announced earlier in the week that they raised more than $65.6 million in March and closed out the month with $93.1 million. Biden and the Democrats announced Saturday that they took in more than $90 million last month and had $192 million-plus on hand.
Contributions to the event will go toward the Trump 47 Committee, according to the invitation, a joint fundraising agreement with the Republican National Committee, state Republican parties and Save America, a political action committee that pays the bulk of Trump’s legal bills. In an unusual arrangement, the fundraising agreement directs donations to first pay the maximum allowed under law to his campaign and Save America before the RNC or state parties get a cut.
Donors who give the suggested $814,600 per person or $250,000 per person will only have $5,000 of their donation go to Save America, sending hundreds of thousands of dollars to the cash-strapped RNC.
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Republished with permission of the Associated Press.
9 comments
Hung Wiil
April 6, 2024 at 8:45 pm
Cha-ching!! It’s about time the Republicans are getting their stuff together.
Rick Whitaker
April 6, 2024 at 8:55 pm
hung, a few lawyers will be getting paid some of their money that was past due. now some of those republicans are getting paid, but what about all the rest. your celebration is hollow.
Hung Wiil
April 7, 2024 at 8:32 pm
Not in reality, Rick. Only in your world of delusion.
In fact, the take was more than $50.5 million, a record, making Biden’s love fest with Obama AND Clinton . . . they raised half that! The money is going into the RNC, not legal fees. Get scared, tool. These an anti-democracy ghost hiding under your bed.
Rick Whitaker
April 7, 2024 at 9:47 pm
hung, yeah………..right
Michael K
April 6, 2024 at 10:37 pm
Where will the money go? In Don’s pocket, where else?
Dont Say FLA
April 7, 2024 at 12:50 pm
If he finally got any capable attorneys on board for his D (in any/all of the near century mark) indictments, it would be because the attorneys contracted for third party payment such that someone, anyone else but Trump himself, is responsible for paying Trump’s legal bills.
Therefore, if these
suckersdonors aren’t giving the raised funds to the Democrats, they must be giving it to lawyers!QDont Say FLA
April 7, 2024 at 12:47 pm
In Trumplandia lore, whenever conservative types obtain something of electoral value, by means shady or otherwise, they give it to the Democrats.
Therefore, this campaign money is going to the Joe Biden campaign, correct?
Somebody prove me wrong, but do it without also proving Stop the Steal wrong.
VD? IBS? Lex? Hung Liil? Tell me how this is wrong according to Trump rules.
Hung Wiil
April 9, 2024 at 10:16 pm
No, you are totally right. Everything you have ever said is exactly 100% correct. You can’t be proven wrong when you are always right. Charlie Crist for Governor!
Rick Whitaker
April 10, 2024 at 12:59 pm
HUNG, wow, that is exactly what i was going to post to you. after all, you are always right, right.
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