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Save America Pac

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politics1 year ago

"Trump Diverts RNC Donations to Cover Legal Bills Amid Denials"

Former President Donald Trump's new fundraising agreement with the Republican National Committee diverts a portion of donations to a PAC that pays his legal bills before any money gets to the party, despite previous denials. The agreement comes as Save America PAC is burning an average of $5 million a month in legal payments for Trump and his allies, and Trump is also directing 10% of every dollar his campaign raises to his PAC, up from 1% earlier in his campaign.

via Yahoo News|
#donald-trump#fundraising#legal-bills
politics1 year ago

"Trump's Fundraising Committee Prioritizes Legal Bill Payments Over RNC Donations"

A joint fundraising committee, the Trump 47 Committee, has been established to help former President Donald Trump raise money for his legal bills through the Save America PAC, as revealed in new Federal Election Commission filings. The committee can raise up to $814,600 from donors, with funds allocated to Trump's campaign, Save America, the RNC, and state committees. Trump has faced a cash crunch, spending more than it took in, and has been indicted in four cases, denying wrongdoing in each. The joint fundraising agreement has raised concerns about donors' contributions being directed to Trump's legal bills, but a top adviser has stated that the committee will not pay any of Trump's legal expenses.

via The Washington Post|
#donald-trump#fundraising#legal-bills
politics1 year ago

"Trump Fundraising Committee Prioritizes Legal Bills Over RNC Payments"

The newly formed "Trump 47" joint fundraising committee will direct a portion of donations to the Save America PAC, which is used to cover former President Donald Trump's legal bills, a departure from typical campaign donation trajectories. The move means that only a fraction of major donors’ contributions would go toward legal bills, while a higher percentage of small-contribution donors’ money would be funneled to the RNC. Trump faces criminal indictments and civil legal issues, including a $464 million fraud judgment and an $83 million defamation damages order, with difficulties in raising funds to post a bond for the civil fraud penalty against him.

via NBC News|
#donations#fundraising-committee#legal-bills
politics1 year ago

"RNC Prioritizes Trump's Legal Bills Over Party Funds, Biden Campaign Amasses $155M for 2024"

Former President Donald Trump's new fundraising agreement with the Republican National Committee prioritizes directing a portion of donations to his Save America PAC, which has been used to pay his legal bills, before any money goes to the party itself. The agreement, revealed in the fine print of an invitation to a big dinner next month in Palm Beach, Florida, shows that the first $6,600 donated will go to Trump's campaign, followed by $5,000 to his Save America PAC, and then the R.N.C. will receive the next $413,000. This comes as Save America PAC is on course to run low on funds, having paid more than $50 million in legal and investigation-related bills for Trump in 2023.

via The New York Times|
#donald-trump#fundraising#legal-bills
politics1 year ago

"Trump's Fundraising Focus Shifts to Major Donors and Billionaire Backers"

Donald Trump's new joint fundraising agreement with the Republican National Committee prioritizes directing donations to his campaign and a political action committee that pays his legal bills before the RNC gets a cut, raising concerns among some Republicans. The unorthodox diversion of funds to the Save America PAC makes it more likely that Republican donors could see their money go to Trump’s lawyers, with the group devoting 84% of its spending to Trump’s legal costs. Trump's handpicked leadership team for the RNC includes his daughter-in-law Lara Trump and Chris LaCivita, who serves as one of two campaign managers for the Trump campaign and is now also taking on a chief of staff role at the RNC. Trump's political operation is struggling to catch up to Biden on fundraising and organization, with his main campaign account and the Save America PAC reporting a combined $15.9 million raised in February, while Biden's political operation raised $53 million.

via The Associated Press|
#donald-trump#fundraising#legal-bills
politics1 year ago

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

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.

via Forbes|
#donald-trump#federal-election-commission#fundraising
politics1 year ago

"Trump's Struggle for Cash: Legal Bills, Fundraising, and GOP Support"

Donald Trump's "Save America" PAC spent $5.6 million on legal fees in February, averaging about $238,000 per day, while also deferring payment on additional fees and making a $150,000 charitable contribution. The filings reveal the extent to which Trump's donor resources are being diverted to his legal fights at a time when he needs to rapidly scale up a national campaign effort, while Biden's campaign continues to have an enormous cash advantage.

via The Daily Beast|
#donald-trump#fundraising#joe-biden
politics1 year ago

"Trump's Leadership PAC Faces Financial Strain as Legal Bills Soar"

Donald Trump's Save America leadership PAC spent more on legal expenses than it raised last month, with nearly $5.6 million spent on legal bills in February, exceeding its total receipts. The PAC received a $5 million refund from a Trump-aligned super PAC, diverting resources from supporting Trump's presidential bid to paying legal bills. Trump faces 88 criminal charges in four jurisdictions and is scrambling to secure a half-a-billion-dollar bond ahead of a deadline to appeal his civil fraud case in New York. Despite owing about $530,000 to a law firm, Save America ended February with about $4 million remaining in the bank, and a joint fundraising committee with the Republican National Committee and state parties may help replenish its coffers.

via CNN|
#donald-trump#financial-challenges#fundraising
politics1 year ago

Wisconsin Ethics Commission Recommends Felony Prosecution for Trump Fundraising Committee

The bipartisan Wisconsin Ethics Commission has recommended prosecutors pursue felony charges against a fundraising group allied with former President Donald Trump for allegedly circumventing state campaign finance laws in a failed effort to oust a powerful state GOP leader in 2022. The investigation alleges that Save America PAC, alongside several Wisconsin state and local GOP officials, coordinated to evade a cap on campaign donations to funnel money to a candidate challenging Wisconsin House Speaker Robin Vos. The commission's documents reveal a plan to circumvent donation limits, and while the investigation is not a criminal inquiry, those involved could face up to 42 months in prison and fines up to $10,000 if found guilty.

via CBS News|
#campaign-finance-violations#donald-trump#politics
politics1 year ago

Wisconsin Ethics Panel Recommends Felony Charges for Trump Fundraising Group

The Wisconsin Ethics Commission has recommended felony charges against a fundraising committee aligned with former President Donald Trump for allegedly conspiring to improperly direct funds to a Trump-endorsed candidate's campaign in violation of campaign finance laws. The bipartisan ethics panel found evidence of a scheme to funnel money to the campaign of Adam Steen, who unsuccessfully ran to unseat Wisconsin Assembly Speaker Robin Vos. The commission referred three county Republican parties, Steen's campaign, eight individuals, and Trump's leadership PAC, Save America, to law enforcement for felony campaign finance violations. If district attorneys in the three counties decline to investigate within 60 days, the state attorney general will have the opportunity to take up the cases.

via ABC News|
#campaign-finance-violations#donald-trump#felony-charges
politics1 year ago

"Trump PACs Funneled Millions to Legal Fees for Ivanka and Campaign, Drawing Criticism"

Donald Trump's Save America PAC has spent millions on legal fees for law firms representing his adult children, including Ivanka Trump, in personal legal matters unrelated to his 2024 election campaign. The PAC, which Trump has used as his primary fundraising vehicle, has channeled tens of millions to cover his, his family's, and his associates' legal bills, while also battling criminal indictments, civil lawsuits, and claims of financial misconduct. The FEC's Republican commissioners have refused to take action against alleged PAC spending violations, despite concerns raised by campaign finance watchdog organizations.

via Business Insider|
#campaign-finance#donald-trump#ivanka-trump
politics1 year ago

"Trump's Campaign and PACs Spent Over $150M on Legal Costs in 2023-2024"

Former President Donald Trump's affiliated committees spent over $27 million on legal fees in the last six months of 2023, totaling almost $50 million for the year, as he faces multiple legal challenges. Despite the financial burden, Trump has used his legal cases as a fundraising tool, with his campaign claiming a record single-day haul after his booking in a Georgia election case. The expenses have drawn criticism from his Republican rival Nikki Haley, who argues that Trump's focus on court cases and chaos could hinder his ability to defeat Joe Biden in the upcoming election.

via NBC News|
#donald-trump#fundraising#legal-fees
politics2 years ago

Trump's Paid Witnesses and Gag Order Backfire in Fraud Trial

Mary Trump, the estranged niece of former President Donald Trump, claims that his use of paid witnesses in his New York civil fraud case has backfired "spectacularly." Reports suggest that Trump used funds from his Save America PAC to pay 19 witnesses a total of $2.5 million. The civil fraud case, which alleges that Trump and members of the Trump Organization exaggerated the value of assets, has already been ruled as involving fraud. Mary Trump suggests that her uncle could be "broke" following the case and speculates that the Federal Election Commission may investigate the payments made from the Save America PAC.

via Newsweek|
#civil-fraud-case#donald-trump#mary-trump
politics2 years ago

Trump's PAC Pays Expert Witness to Defend Against NY Fraud Case

An expert witness in the civil fraud trial against Donald Trump revealed in court that his fees were partially paid by Trump's Save America PAC. The PAC, which has spent over $20 million on legal fees this year, made a single payment of $40,500 to the witness in April. The witness, an accounting professor, stated that he has been paid approximately $520,000 by both the Trump Organization and the PAC. He testified that there was no evidence of accounting fraud and criticized the New York Attorney General's conclusions. The trial centers around allegations of inflating financial statements by billions of dollars.

via NBC News|
#civil-fraud-trial#donald-trump#expert-witness
politics2 years ago

Trump's PAC Embraces Skiplagging Trend

Former President Donald Trump's political action committee, Save America PAC, has reportedly embraced skiplagging, a controversial money-saving tactic for flights, as it spent over $21 million on legal fees. The PAC's campaign finance filings indicate that it paid SkipLagged, a site that helps travelers find hidden-city or money-saving ticket measures. Skiplagging involves booking a longer flight with a layover and then not taking the final flight to the destination. While airlines are cracking down on this practice, it is not illegal. Trump's PAC raised $15 million but spent $30 million, with a significant portion going towards legal fees. Trump's legal issues and high spending could pose challenges if he decides to run for president again.

via Business Insider|
#airline-policy#legal-fees#politics