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If you’re a Republican fundraiser, the last 48 hours have been very bright. If you thought a particular former president had an unbeatable fundraising advantage, it might even be encouraging.
Between his announcement to seek the Republican nomination for the White House again on Nov. 15 and the end of the year, Donald Trump has raised $9.5 million, according to a campaign finance report filed Tuesday. A fair amount, but when viewed through the lens of totals raised by the day, it’s far less than the other nominees. Times To assess wisely, Trump’s pace lagged half of first-round reports from the likes of Jeb Bush, Mitt Romney and Hillary Clinton.
Aside from the pace of check collection, less than $7 million was deposited with the Trump campaign and its related committees. This may seem like a lot of money, but it’s pretty meager considering he raised $250 million between his 2020 presidential election loss and his January 19th. am. January 6, 2021 attack on the US Capitol in an attempt to overturn the election results. For someone presumed to be the frontrunner for the 2024 nomination, Trump doesn’t exactly have an insurmountable lead in the money race.
Other possible candidates have shown much greater signs of potential in their reports. It has raised over $43 million for the project and now has $3.1 million. Similarly, Senator Ted Cruz, who was out of the cycle in 2022, has raised $33 million since his last campaign, setting his $3.4 million toward re-election next year. And Senator Tim Scott, who won re-election last year in South Carolina by a 2-1 margin, raised $43 million and now has $21.8 million.
And they are only federal incumbents. Former U.N. ambassador Nikki Haley is reportedly set to run for presidency within two weeks, and last year she raised more than $17 million through her political arm and now has $2 million on her plate. . Former Rep. Liz Cheney’s political campaign has raised more than $17 million for her, and $3.6 million for her bank if she decides to put her own name in the mix. You can deposit it. Former Secretary of State Mike Pompeo’s organization has nearly $9 million in revenue and has $1.1 million in reserve.
Then there are state level incumbents. The amount of their previous funding is not easily convertible to federal dollars but shows a deep reservoir of goodwill with the wealthy crowd. Florida Governor Ron DeSantis ($217 million) and Texas Governor Greg Abbott (at least $134 million) have proven to be able to raise tons of cash. Effort ($21 million out-of-pocket for 2021 race).
Of course, money isn’t everything in politics. But this is a pretty good barometer of survival. Trump is seen as invincible by some, so his lackluster fundraising may be the latest sign of cracks in his shell. That said, it’s not clear if Trump was really trying to raise cash. After all, he’s barely been seen beyond a false social media outburst between his announcement and his first toe-to-toe in New Hampshire and South Carolina last weekend during the 2020 race. , he nearly collected his $812 million. All in all, Trump has raised $1.2 billion in increments of less than $200 since he launched his presidential campaign in 2015, making him a strong fundraiser when he wants to be. again suggesting that it can be His financial base looks very precarious, but he is not in any favor to participate in the 2024 race.
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