According to Bloomberg News on February 21, former Trump in the United States spent more money on his January campaign than he funded, putting pressure on outside groups already paying for his growing lawsuits.
According to the report, according to the documents submitted to the Federal Election Commission on the evening of the 20th, Trump's campaign last month raised a total of $8.8 million, but the expenditure was as high as $11.4 million. The largest of those expenses was $4.7 million in advertising dollars for the Iowa and New Hampshire primaries.
Often, it is reported that outside groups can make up for the shortfall in spending on candidates' election campaigns. But for Mr. Trump, these so-called political action committees or coalitions are also responsible for the costs of his lawsuits. In January alone, a Trump-aligned political action committee spent $2.9 million on legal fees.
As Trump faces four criminal charges, legal fees are expected to increase, which could weigh on his campaign's finances, the report said. If he still spends as much money as he did in 2023, the funds available for legal fees will be depleted by the middle of this year. That means he needs to raise more money from donors or ask the Republican National Committee for help.
According to the report, this could happen at a time when Trump and his allies are planning to increase spending in the showdown, and his opponent is none other than the incumbent Biden, who has ample campaign funds. (Compiled by Tu Qi).