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Money Flows Down Ballot as Donald Trump Is Abandoned by Big Donors (Even Himself)
Source: The New York Times
With Donald J. Trump facing a potential rout at the hands of Hillary Clinton, a river of cash from some of the Republican Partys biggest donors has begun to flow down to Senate and House races in the final days of the 2016 campaign.
Disclosures filed with the Federal Election Commission on Thursday revealed tens of millions of dollars in late donations and transfers to Republican super PACs focused on down-ballot races, suggesting a significant last-ditch effort to protect Senate and House candidates against Mrs. Clintons surge. Relatively little new money has come into outside groups supporting Mr. Trump.
And Mr. Trump appears to have lost the support of his biggest donor: himself.
Mr. Trump contributed no cash and just $31,000 worth of rent and staff salaries to his campaign in the first three weeks of October, a fraction of the $2-million-a-month self-funding pace he had set since winning the Republican presidential nomination.
Disclosures filed with the Federal Election Commission on Thursday revealed tens of millions of dollars in late donations and transfers to Republican super PACs focused on down-ballot races, suggesting a significant last-ditch effort to protect Senate and House candidates against Mrs. Clintons surge. Relatively little new money has come into outside groups supporting Mr. Trump.
And Mr. Trump appears to have lost the support of his biggest donor: himself.
Mr. Trump contributed no cash and just $31,000 worth of rent and staff salaries to his campaign in the first three weeks of October, a fraction of the $2-million-a-month self-funding pace he had set since winning the Republican presidential nomination.
Read more: http://www.nytimes.com/2016/10/28/us/politics/money-flows-down-ballot-as-donald-trump-is-abandoned-by-big-donors-even-himself.html?em_pos=large&emc=edit_cn_20161028&nl=first-draft&nlid=71770130&ref=headline&te=1&_r=0
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Money Flows Down Ballot as Donald Trump Is Abandoned by Big Donors (Even Himself) (Original Post)
brooklynite
Oct 2016
OP
Achilleaze
(15,543 posts)1. Comrade Casino (R) is taking yet another deferment from responsibility
...and keeping promises. How Republican is that?
cstanleytech
(26,273 posts)2. And I am sure that atleast some of those GOP donors are telling themselves
that they are buying off the finest politicians that they can find.
TomCADem
(17,387 posts)3. Has Trump Even Forgiven His Loan?
The FEC's website still shows Trump's contribution as a loan, rather than an irrevocable contribution. At this point, is atrump just raising money to repay himself?
tclambert
(11,085 posts)4. Hey, maybe he's not a complete idiot as a businessman. He can recognize a futile investment.