Trump's political operation, spending heavily on legal expenses, starts 2024 with $42M
Former President Donald Trump’s political operation has amassed about $130 million in the final months of last year, but after spending heavily he's headed into 2024 with more than $42 million
WASHINGTON (AP) — Former President Donald Trump's political operation amassed about $130 million in the final months of last year but after spending heavily, headed into 2024 with more than $42 million to start the election year.
New campaign finance reports filed Wednesday showed that across four committees that make up Trump's political operation, he ended 2023 having spent about $86 million, with tens of millions of that being diverted to pay legal expenses.
Trump's main campaign committee closed out the year with about $33 million. Meanwhile, President Joe Biden's primary campaign account reported starting 2024 with $46 million to spend.
Biden's political operation reported raising $97.1 million in the final months of 2024 across the various committees it uses to fundraise and ended the year with $117.4 million on hand.