Politics, US News

Donald Trump’s Campaign Donations Far Short of $100 Million Promise

HEMPSTEAD, NY - SEPTEMBER 26:  Republican presidential nominee Donald Trump looks on during the Presidential Debate at Hofstra University on September 26, 2016 in Hempstead, New York.  The first of four debates for the 2016 Election, three Presidential and one Vice Presidential, is moderated by NBC's Lester Holt.  (Photo by Drew Angerer/Getty Images)

New federal finance records released Thursday night paint a somber picture for Donald Trump’s presidential offer. His campaign’s bank account is rapidly waning and, regardless of a vow to burn through $100 million from his pocket, he is not hinting at any signs of bailing it out.

His team presently has just $16.0 million in the bank –-very nearly four times less than Hillary Clinton’s presidential campaign – with only three weeks to Election Day.

In the first three weeks of October, Trump gave his campaign just $30,682, conveying his total self-funding to $56.1 million. The minute donation came as six in-kind commitments for lease and finance.

The GOP candidate would need to give or advance himself about $44 million amid the last two weeks of the election to satisfy his previous promise.

“I mean, look, I’m gonna be in for over $100 million,” Trump told on Wednesday.

“I’m spending a lot of money,” he said. “I will be over $100 million, and it could be much more than that.”

This implies Trump likewise hasn’t satisfied any promises to match, double and triple campaign contributions made on Oct. 1, as promised in a fundraising e-mail his campaign sent that day.

Records indicate donors gave $165,829 on Oct.1. But Trump hasn’t verged on coordinating that number, let alone doubling or tripling it, through the campaign filing period on Oct. 19.

In an Instagram post toward the beginning of today, Fox News’ Bret Brier said that Trump claims he wants to compose a $10 million check to his campaign today. However, he included, $100 million may not be essential.  From now until Election Day, nominees need to report any commitments over $1,000 to federal election officials within 48 hours. This implies if Trump gives or advances himself any cash from now, he’ll have to make it public within two days. This rule will stay in actuality until November 6 at 12:01 a.m.

The Trump campaign spent a wide $49.2 million over the first three weeks of October while raising just $28.9 million –-a burn rate of 170 percent.

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