Current:Home > InvestTrump's campaign, fundraising arms spent over $10 million on legal fees in 2024, as Biden spends on ads, new staff -Visionary Wealth Guides
Trump's campaign, fundraising arms spent over $10 million on legal fees in 2024, as Biden spends on ads, new staff
Surpassing Quant Think Tank Center View
Date:2025-04-09 03:22:29
President Biden's campaign entered March with $71 million cash on hand, increasing his fundraising advantage — which is over twice what former president Donald Trump has.
The Trump campaign had over $33.5 million cash on hand to start the month, adding only about $3.5 million to its coffers as the campaign was forced to spend large sums on advertising, travel and campaign events to fend off Nikki Haley going into the March 5 Super Tuesday contests.
Trump's legal bills continue to mount as well, with his campaign and the super PACs supporting him spending over $10 million in 2024 alone on legal fees.
Save America PAC, the political action committee paying for most of Trump's legal defenses, spent over $5.5 million in February alone on legal bills, and so far this year, it has spent more than $8.5 million. The group carried about another $500,000 of debt owed to attorneys for Trump into March.
Trump's campaign also spent over $1.7 million on legal fees in the first two months of the year.
Last year, Save America PAC and Make America Great Again PAC, the two political action committees paying for Trump's legal defenses, spent nearly $50 million on legal bills.
Campaign finance reports from Mr. Biden's campaign showed it raised $21.3 million in February and spent around $6.3 million. The Democratic National Committee raised $16.6 million in February — $6 million more than the Republican National Committee for the month.
Mr. Biden's campaign says that in combination with the Democratic National Committee and affiliated joint fundraising committees, they entered March with a total of $155 million in their war chest. CBS News has not yet verified the total because the joint fundraising committees file on a quarterly basis.
Over $2.5 million of the Biden committee's campaign funds went to "DNC Travel Escrow" – a special escrow account that collects travel costs that will be sent to reimburse the U.S. Treasury for trips or portions of trips taken on government planes, helicopters and cars, according to the Associated Press.
When Mr. Biden travels on Marine One helicopters, it costs $16,700 to $20,000 per hour, the AP noted, citing Pentagon figures. And Air Force One travel runs about $200,000 per hour to fly. This cost does not take into account military cargo planes that fly his armored cars and other vehicles, according to the AP.
The dates of the payments to the escrow account align with Mr. Biden's trips to Nevada, Florida and New York for campaign events or fundraisers.
Media buys and payroll took up the rest of the Biden campaign's spending expenditures: $1.6 million was spent on media buys or production, while 141 staffers were listed as receiving payroll payments. His campaign says it's looking to add 100 field staffers to the campaign in March, as well as a $30-million ad buy over six weeks.
In contrast, the Trump campaign, the Republican National Committee and the political action committees supporting Trump had just over $74 million cash on hand to start the month.
MAGA Inc., the primary super PAC supporting Trump, started March with over $25.5 million cash on hand after bringing over $12.7 million from wealthy donors in February.
But the RNC continues to lag behind its Democratic counterpart amid the group's mass layoffs and new leadership, netting only an additional $2.6 million last month after expenditures. The group finally surpassed eight digits in their cash on hand, ending the month with over $11.3 million dollars.
Mr. Biden and his campaign have been taunting Trump's campaign finance shortfalls, as they tout their head start in building up staff and travel.
"Just the other day, a guy came to me and said, Mr. President, I need your help. I'm being crushed with debt; I'm completely wiped out. I had to say, 'Donald, I can't help you,'" Mr. Biden joked at a Dallas fundraiser on Wednesday.
- In:
- Joe Biden
- Donald Trump
veryGood! (182)
Related
- Travis Hunter, the 2
- Detroit-area man charged with manslaughter in fatal building explosion
- Bill Belichick's not better at media than he was a NFL coach. But he might get close.
- Carol Burnett surprised by Bradley Cooper birthday video after cracking raunchy joke about him
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Chicago Bears select QB Caleb Williams with No. 1 pick in 2024 NFL draft
- The Justice Department admitted a Navy jet fuel leak in Hawaii caused thousands to suffer injuries. Now, victims are suing the government.
- Fed plan to rebuild Pacific sardine population was insufficient, California judge finds
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- School lunches are changing: USDA updates rules to limit added sugars for the first time
Ranking
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Gay actor’s speech back on at Pennsylvania school after cancellation over his ‘lifestyle’
- Caleb Williams' NFL contract details: How much will NFL draft's No. 1 pick earn?
- Luna County corporal is charged for his role in deadly 2023 crash while responding to a call
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Alabama lawmakers advance bill that could lead to prosecution of librarians
- Usher says his son stole his phone to message 'favorite' singer, met her at concert
- AP Week in Pictures: North America
Recommendation
NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
BNSF becomes 2nd major railroad to sign on to anonymous federal safety hotline for some workers
Recreational marijuana backers can gather signatures for North Dakota ballot initiative
2024 NFL mock draft: Final projection sets QB landing spots, features top-10 shake-up
All That You Wanted to Know About She’s All That
Divided Supreme Court appears open to some immunity for president's official acts in Trump 2020 election dispute
Camila and Matthew McConaughey's 3 Kids Look All Grown Up at Rare Red Carpet Appearance
Carol Burnett surprised by Bradley Cooper birthday video after cracking raunchy joke about him