To the best of my ability I write about my experience of the Universe Past, Present and Future
Wednesday, February 1, 2017
Millions in campaign funds went to Trump firms
I remember hearing that he "Self Funded" from his own monies to the tune of at least 46 million. So, how much of this money was the self funded variety and how much was donated by his voters?
President Trump has already raised millions for 2020 run
President Trump has already raised million...
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President Trump can accept donations because he already launched his 2020 bid.
Video provided by Newsy
Newslook
WASHINGTON – President Trump’s
campaign spent a total of $12.7 million at businesses run by him and
his family members over the course of the 2016 presidential election,
according to a tally of newly filed campaign-finance reports.
The
largest sums went to Trump’s airline, TAG Air, which received $8.7
million as the Republican used his own jet to fly around the country,
according to a USA TODAY analysis of year-end reports filed this week.
Another $2 million went to Trump Tower, the Trump Organization
skyscraper that housed his campaign headquarters.
Trump’s Mar-a-Lago Club in Florida, which Trump dubbed the Winter White House last month, received more than $435,000 during the campaign.
The
spending at Trump properties, which continued after he won the
election, underscores how much Trump was willing to mingle his political
and business operations – from buying meals at his own Trump Grill to
renting space at his own golf clubs.
More than $3,000 went to Trump ICE LLC, Trump’s bottled-water brand, for “office supplies,” according to Federal Election Commission filings.
In
all, the amount spent at Trump businesses by his political operation
represent a little more than 19% of the $66.1 million Trump himself
donated to the campaign and less than 10% of the $133.6 million that
flowed into his main campaign account from other donors.
The
spending could well continue if he decides to seek re-election. Trump
filed a statement of candidacy for the 2020 election on Inauguration Day
because he had already surpassed the $5,000 fundraising threshold to
require reporting contributions for the next election, he noted in a letter to the Federal Election Commission. That doesn't mean he's definitely running in 2020, Trump said in the filing.
The new paperwork lists Trump Tower's New York address as the campaign headquarters.
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