Donald Trump’s political operation is reeling after spending around $60 million on legal fees pertaining to the four criminal indictments and various ongoing civil lawsuits against him.

Disclosures indicate that Trump’s campaign and the various political action committees supporting it blew through tens of millions of dollars in 2023, leaving him cash-strapped heading into 2024.

Save America PAC, Trump’s primary PAC heading into his likely rematch with President Joe Biden, once had over $100 million in the bank. Now, it has just a little over $5 million left after spending over $25 million on legal bills in the second half of last year alone.

  • themeatbridge@lemmy.world
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    9 months ago

    Looking forward to seeing exactly what that real estate is actually worth when he’s forced to divest and pay the judgements against him.

    • ares35@kbin.social
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      9 months ago

      probably half underwater, loaded down with debt; and the rest, likely falling apart in need of significant renovations.

      who am i kidding? it’s likely all loaded down with debt.

      • nilloc@discuss.tchncs.de
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        9 months ago

        Does Deutchbank debt count as actual debt? I always figured with all the money laundering, that if he had to sell any of his actual properties (which are mostly shitty golf courses at this point), that the Russian moon would be charging him by the kneecap.

    • jonne@infosec.pub
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      9 months ago

      It’s the worst time to sell as well, with high interest rates and nobody wanting to be associated with anything Trump.