"Republican Party's Financial Crisis: A Deepening Fundraising Hole"

1 min read
Source: Newsweek
"Republican Party's Financial Crisis: A Deepening Fundraising Hole"
Photo: Newsweek
TL;DR Summary

Republicans are expressing concerns about their fundraising efforts as former President Donald Trump's campaign struggles to keep up with President Joe Biden's. Biden has raised nearly $127 million, with about $71 million cash on hand, while Trump has raised about $99 million, with about $33.5 million in cash on hand. Some donations to the Republican National Committee (RNC) are also going toward Trump's legal bills, further complicating the fundraising situation. Prominent conservatives have voiced worries about the financial disadvantage and its potential impact on down-ballot candidates.

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