The former president’s third quarter fundraising haul just further cements the grip he has on the race.
Former President Donald Trump also spent heavily on private air travel, which is necessitated by security concerns. All told, his campaign paid $1.1 million to TAG Aviation, a charter jet company. | Joe Raedle/Getty ImagesFormer President Donald Trump continues to blow his GOP primary opponents out of the water — not just in the polls, but at the bank.
And Trump’s fundraising momentum is only accelerating. His third quarter number, reported in a Sunday night filing with the Federal Election Commission, far exceeds the $17.7 million his campaign raised in the second quarter and the $14.4 million it brought in during the first three months of the year. In turn, he has added significantly to his cash on hand. Whereas he ended the first quarter with $13.9 million in his coffers, his campaign now has $37.5 million.
The fundraising total reported by Trump’s campaign was notably lower than the more than $45 million in cash that his team said his joint fundraising committee raised from July through September. That suggests the joint fundraising committee was spending heavily on its own expenses before it was able to transfer proceeds to the Trump campaign. The practical effects of Trump’s cash advantage are huge.
The Trump campaign’s biggest expenses in the third quarter came from payroll, on which his campaign spent $1.3 million. That figure only slightly bested DeSantis’ $1.27 million, but the Florida governor has cut back on that cost significantly in an effort to reduce expenses.
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