"Trump's Campaign Cash Dwindles as Legal Fees Mount, Biden Maintains Financial Edge"

1 min read
Source: Forbes
"Trump's Campaign Cash Dwindles as Legal Fees Mount, Biden Maintains Financial Edge"
Photo: Forbes
TL;DR Summary

Former President Donald Trump paid his lawyers over $5 million in February through his Save America PAC, surpassing his cash on hand, as he grapples with mounting legal costs while striving to raise more funds. The PAC raised around $5 million and spent $7.2 million in total, with the majority going towards legal fees. Trump's legal bills are expected to rise as he faces ongoing criminal and civil cases, while his campaign fundraising lags behind President Joe Biden's. The legality of using PAC money for personal legal fees remains a gray area, with questions arising about whether the Republican National Committee will contribute to Trump's legal expenses.

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