Donald Trump’s campaign faces an enormous financial challenge. According to electoral filings from the Federal Election Commission (FEC), Hillary Clinton’s presidential campaign has outraised Donald Trump’s campaign 9-1, and Clinton entered the month of June with far more cash on hand. Clinton’s campaign has over $42 million in the bank as of May 31. Trump’s has $1.3 million.
The report highlights further disparity between the two campaigns: In May, the month Trump became the GOP’s presumptive presidential nominee, his campaign managed to raise only $3 million to Clinton’s $26 million. Trump, of course, has the power to close the financial gap by writing a single check. In an interview with NBC’s Today, Trump maintained that his campaign already raised a considerable amount of money in the last week: “I understand money better than anybody,” he insisted.
But Trump made no mention of last Saturday, the day his campaign sent out its first “emergency” fundraising email to its supporters asking for $100,000 in donations by the end of the day. “Crooked Hillary is about to invade your TV with ads attacking Mr. Trump. But we’re preparing to fight back,” the email read, noting that these campaign ads would attack Clinton over her role in Benghazi as well as the FBI probe into her use of a private email server while she served as Secretary of State.
Trump’s campaign spokeswoman Hope Hicks quickly deflected concerns over the FEC’s report. “There are no concerns. The money is pouring in for the party. In fact, we just returned from a tremendously successful swing through Texas, Nevada and Arizona,” she said. “Mr. Trump will continue to do everything he can to defeat Hillary Clinton in November.” However, a senior campaign source admitted the campaign only began to mount serious fundraising efforts last month.
Trump repeatedly has stressed he does not need GOP funds to win the election, even pledging to self-fund his own campaign if necessary. According to the FEC report, he loaned
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