Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Miles Archer

(18,837 posts)
Mon Oct 17, 2016, 03:07 AM Oct 2016

"Self-funding" Trump pulled in over $30 million from "big-money donors" in Q3



Trump did make some inroads with big-money donors in September, after months drawing ire or indifference from the party's top benefactors. Casino tycoon Sheldon Adelson and his wife, Miriam, after sitting out most of the cycle, gave $10 million in September to Future45, a pro-Trump super PAC led by mega-donor Todd Ricketts. The group raised another $2.3 million from Todd Ricketts' billionaire father, TD Ameritrade founder Joe Ricketts, and energy executives Joe Craft and Jay Bergman.

Rebuilding America Now, another pro-Trump super PAC, raised almost $18 million in the third quarter, including $6 million from Linda McMahon, the former wrestling executive and failed Senate candidate; $2 million from Mountaire CEO Ronald Cameron; $5 million from Home Depot co-founder Bernard Marcus; and $1 million from Pennsylvania investor Walter W. Buckley Jr.

Other Trump super PACs have struggled to catch on. The Committee to Restore America's Greatness, associated with longtime Trump adviser Roger Stone, raised less than $85,000 in the quarter.

http://www.politico.com/story/2016/10/trump-cash-bypasses-campaign-229849
2 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
"Self-funding" Trump pulled in over $30 million from "big-money donors" in Q3 (Original Post) Miles Archer Oct 2016 OP
Most of the $$ that Trump put into his campaign is still recorded as a loan... Princess Turandot Oct 2016 #1
wanna bet most of that will funnelled right back to donny boy's accounts somehow? nt msongs Oct 2016 #2

Princess Turandot

(4,787 posts)
1. Most of the $$ that Trump put into his campaign is still recorded as a loan...
Mon Oct 17, 2016, 03:59 AM
Oct 2016

as of 8/31, according to the FEC's website. (They haven't updated it for 9/16 yet.) $47,508,505.39, to be precise. My guess is that he intends to pay himself back as much as possible right after Election Day. (They do show him actually contributing $6,532,081.39.)

When you consider the payments that he has made to his own companies, he may come out ahead from this escapade!

https://beta.fec.gov/data/committee/C00580100/?cycle=2016&tab=summary (You'll need to expand the donation summary by clicking on the plus sign.)

Latest Discussions»Retired Forums»2016 Postmortem»"Self-funding" Trump pull...