"Donald Trump's Campaign Faces Cash Crunch and Donor Drop"

1 min read
Source: The Daily Beast
"Donald Trump's Campaign Faces Cash Crunch and Donor Drop"
Photo: The Daily Beast
TL;DR Summary

The Trump campaign has reported an unusually low amount of donor refunds, raising questions about potential loopholes in campaign finance laws. The campaign appears to be forwarding excessive donations to other political accounts, potentially inflating its war chest and public perception of political strength. The campaign's joint fundraising committee also shows a low refund rate, with a significant portion of operating expenses going towards fundraising-related services. Critics argue that the campaign's handling of excessive donations may involve misrepresentation to the FEC and creative accounting to artificially lower the refund rate, potentially masking financial weaknesses.

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