Both Big Check and Small Dollar Donations to GOP drop as worries mount about the party’s finances

[essentialsaltes]

Donors have not cut as many large checks to the RNC in recent years, and the party’s small-dollar program has also suffered​

The Republican National Committee disclosed that it had $9.1 million in cash on hand as of Oct. 30, the lowest amount for the RNC in any Federal Election Commission report since February 2015. That compares with about $20 million at the same point in the 2016 election cycle and about $61 million four years ago, when Trump was in the White House.

“It’s a revenue problem,” Tennessee RNC member Oscar Brock said. “We’re going through the same efforts we always go through to raise money: the same donor meetings, retreats, digital advertising, direct mail. But the return is much lower this year. If you know the answer, I’d love to know it."

Some donors aren’t giving to the RNC because they think that will help Trump, which they don’t want to do, these people said, while others have said they prefer to wait until 2024 to give. Some have grown frustrated with the party’s leadership, people close to major donors said.

Republican frustrations burst into the open this month after GOP losses in races for the Virginia legislature [and elsewhere]

In October, the RNC rejected a request for additional funding for the Virginia GOP this fall, said the state party chairman, Rich Anderson.

In TV and podcast interviews after the elections, McDaniel repeatedly defended the RNC’s refusal to pay, arguing that federal campaign finance laws limit the national committee’s involvement in state elections. In fact, there are no limits on RNC transfers to state parties.

 

[KCfromNC]

“It’s a revenue problem,” Tennessee RNC member Oscar Brock said. “We’re going through the same efforts we always go through to raise money: the same donor meetings, retreats, digital advertising, direct mail. But the return is much lower this year. If you know the answer, I’d love to know it."

I know : how about not promoting people who advocate for overturning fair elections into leadership positions in the party? Seems like a radical idea but who knows, it might even work.

I'm not even really joking here. Big money isn't going to give to causes which look to undermine the status quo. And that status quo is at least playing along with the idea that elections in the country are fair.

 

[Fantine]

Are you implying that the Republican Party is now the party of the poor?

Or that more tax cuts for billionaires will make prices lower for the masses who are being told inflation is Biden's fault?

SMH.

 

[essentialsaltes]

Are you implying that the Republican Party is now the party of the poor?

Ha, no. I'm sure the ultrawealthy will give piles of $peech to their pet PACs and SuperPACs to influence the election, mostly for the benefit of Republican candidates.

But the party itself is hurting for cash. Half of its usual supporters don't want to benefit Trump, and the other half doesn't want to benefit "RINOs" (in their view).

 

[KCfromNC]

Ha, no. I'm sure the ultrawealthy will give piles of $peech to their pet PACs and SuperPACs to influence the election, mostly for the benefit of Republican candidates.

But the party itself is hurting for cash. Half of its usual supporters don't want to benefit Trump, and the other half doesn't want to benefit "RINOs" (in their view).

I'm also assuming a lot of money which would have gone to the party is instead going to fund their candidate's legal defenses in the various criminal and civil trials he's fighting.

 

[essentialsaltes]

I'm also assuming a lot of money which would have gone to the party is instead going to fund their candidate's legal defenses in the various criminal and civil trials he's fighting.

Indeed yes.

Lawyers, Trump and money: Ex-president spends millions in donor cash on attorneys as legal woes grow​

Trump’s Save America political action committee has paid nearly $37 million to more than 60 law firms and individual attorneys since January 2022, Federal Election Commission records show.

 

[essentialsaltes]

Ha, no. I'm sure the ultrawealthy will give piles of $peech to their pet PACs and SuperPACs to influence the election, mostly for the benefit of Republican candidates.

Speak of the devil and up he jumps.

Koch network goes for Nikki Haley.

 

[iluvatar5150]

Indeed yes.

Lawyers, Trump and money: Ex-president spends millions in donor cash on attorneys as legal woes grow​

Trump’s Save America political action committee has paid nearly $37 million to more than 60 law firms and individual attorneys since January 2022, Federal Election Commission records show.

With all the law firms he's paying, you can't say he doesn't do anything for small businesses.

 

[essentialsaltes]

I'm also assuming a lot of money which would have gone to the party is instead going to fund their candidate's legal defenses in the various criminal and civil trials he's fighting.

Aw, paying for lawyers is boring.

Trump Legal Defense Fund’s Biggest Expense Was Mar-a-Lago​

In fact, the Patriot Legal Defense Fund spent just $28,578 over the last six months, with Trump’s Mar-a-Lago club getting $18,136 for “banquet hall” fees in late November.

 

[iluvatar5150]

Aw, paying for lawyers is boring.

Trump Legal Defense Fund’s Biggest Expense Was Mar-a-Lago​

In fact, the Patriot Legal Defense Fund spent just $28,578 over the last six months, with Trump’s Mar-a-Lago club getting $18,136 for “banquet hall” fees in late November.