Trump’s Vaunted Fundraising Machine Is Faltering

Illustration by the Daily Beast

If it were a business and not politics (I know, it’s a difference without a distinction), Donald Trump would be fired for mismanagement of his oft-touted fundraising prowess. Daily Beat’s Pay Dirt newsletter has a must-read piece on how Trump’s Save America Joint Fundraising Committee is spending a dollar to generate 10 cents of income, according to the latest Election Financing Commission report.

In fact, the spending was so steep that it ate up around 90 percent of what he raised. So while the committee took in an impressive $24 million, it spent about $22 million to get there. That means the famous dealmaker spent a dollar to make a little more than a dime.

Compare that trade-off to the previous quarter, where the same committee spent just $9.7 million but pulled in $17 million. That’s a $7 million return. Now, it’s $2 million.

Read the rest here.

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