Tycoon Trump's campaign faces cash crunch and is way behind Hillary
Washington, June 21: Presumptive Republican presidential nominee Donald Trump had a meagre $1.3 million cash in his campaign account when June started, according to a campaign finance report filed on Monday (June 20).
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It is said that small sum is the result of the real-estate tycoon's poor fundraising from donors in the first month which raised just $3.1 million.
The
money
places
Trump
way
behind
his
opponent
Hillary
Clinton
($26.4
million)
and
also
gives
him
a
poor
rank
among
all
modern
presidential
candidates
in
terms
of
funds
and
campaign
infrastructure.
In
2012
when
current
President
Barack
Obama
had
locked
horns
with
Republican
Mitt
Romney,
the
total
efforts
of
the
candidates,
parties
and
super
PACs
of
both
the
men
were
more
than
$1
billion
each.
Romney,
the
presumptive
GOP
nominee
then,
had
raised
$23.4
million,
much
more
than
the
amount
left
with
Trump
this
year.
Moreover, when the super PACs are included, the difference between the funds of Trump and Clinto become mammoth.
Clinton's super PAC raised an additional $12.4 million besides the Democratic national Committee's $12.3 million besides her own campaign's $26.4 million---making it $103.
The combined money raised by Trump, his campaign and super PAC is just $21.7 million, five times less than that of Clinton's team.
Trump's limited funds meant he spent just $6.7 million in the month of May, down from $9.4 million in the month before. Nearly $1 million was spent in purchasing hats and other campaign merchandise, while over $800,000 were spent on travel. The campaign spent just $150,000 on media buys.
Meanwhile, Clinton's primary opponent Bernie Sanders, the senator from Vermont, raised $15.7 million in the month of May, despite his hopes of defeating Clinton for the Democratic nomination got reduced. He entered the month of June with $9.2 million.
Oneindia News