The Trump campaign has blown a ton of their money as they trail in the polls. The New York Times reports:
“It seemed to have worked. His rival, Joseph R. Biden Jr., was relatively broke when he emerged as the presumptive Democratic nominee this spring, and Mr. Trump and the Republican National Committee had a nearly $200 million cash advantage.
Five months later, Mr. Trump’s financial supremacy has evaporated. Of the $1.1 billon his campaign and the party raised from the beginning of 2019 through July, more than $800 million has already been spent. Now some people inside the campaign are forecasting what was once unthinkable: a cash crunch with less than 60 days until the election, according to Republican officials briefed on the matter.”
As we head into this final stretch of the election, the Trump campaign has to find a way to make up for lost ground while also been strapped for cash. Not a good position to be in. That’s for sure.
(Credit: T.J. Kirkpatrick-The New York Times)