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highplainsdem

(48,917 posts)
Thu Nov 12, 2020, 11:50 AM Nov 2020

Trump's Save America "leadership PAC" can be tapped to pay for personal expenses

https://www.detroitnews.com/story/news/2020/11/11/money-support-trump-court-fight-flow-president/114862096/



The first few days after the election, money that was purportedly for the legal fight primarily went to Trump’s campaign for debt payment, as well as the RNC, as first reported by the Wall Street Journal. But on Monday, Trump launched Save America, his new PAC, which is now poised to get the largest share in many cases.

Save America is a type of campaign committee that is often referred to as a “leadership PAC,” which has higher contribution limits — $5,000 per year — and faces fewer restrictions on how the money is spent. Unlike candidate campaign accounts, leadership PACs can also be tapped to pay for personal expenses.

A detailed breakdown of how contributions are split up shows that 60% of any donation now goes to Save America PAC. The next 40% goes to an RNC account.
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Trump's Save America "leadership PAC" can be tapped to pay for personal expenses (Original Post) highplainsdem Nov 2020 OP
Of course it can - by design. MineralMan Nov 2020 #1
"Can I use these funds to buy cocaine? Asking for a friend!" struggle4progress Nov 2020 #2
A big reason why Trump will not concede. dalton99a Nov 2020 #3
By "can," they mean "100% will" greenjar_01 Nov 2020 #4
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