by Jon Jackson at Newsweek
Former President Donald Trump‘s “Save America” political action committee has more cash on hand than the Republican National Committee (RNC) and the Democratic National Committee (DNC) combined, according to financial data from the Federal Election Commission (FEC).
Kenneth Vogel, a journalist with The New York Times, noted the disparity between Trump’s PAC and the committees’ funds in a tweet on Monday. Vogel said that FEC records show Save America reported $110.4 million in cash on hand as of February 28, compared to the DNC’s $52.9 million and the RNC’s $24.5 million.
Trump has suggested multiple times since President Joe Biden took office in January 2021 that he might mount another run at the White House in 2024, though he has not yet officially announced a campaign. However, he’s held multiple “Save America” rallies and proven to be the most prodigious fundraiser within the GOP. Though he legally cannot use the PAC funds directly for a comeback race, he’s allowed to use the money toward such political expenses as television ads and investing in his own businesses.
On Sunday, Bloomberg reported that although Trump’s war chest has grown, he has not yet donated any of the money from it in 2022 to the dozens of candidates he’s endorsed in upcoming elections…
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