'Donald Trump is broke, unable to campaign' amid re-election race


Republican presidential candidate and former President Donald Trump walks at the Black Conservative Federation Gala Dinner, in Columbia, South Carolina, on February 23, 2024. Donald Trump is said to be broke and far behind Joe Biden in finance. – Reuters

As former US President Donald Trump's mounting legal troubles continue to put pressure on his finances, his opponents have begun speculating about the Republican and his slow campaign endorsement for the White House on Thursday.

Donald Trump is currently in a race against time to post $464 million bail that expires next week after New York Judge Arthur Engoron ordered him to pay $355 million in the civil fraud case.

President Joe Biden, a Democrat, is former commander in chief Trump's main rival.

“It's not a winning campaign: They broke Don's leathers in the basement,” Joe Biden's campaign team said, according to The hill report.

“Trump can't raise money, he's not campaigning, and he's letting convicts and conspiracy theorists run his campaign.”

President Joe Biden smiles during a visit to the Intel Ocotillo campus in Chandler, Arizona, on March 20, 2024. – Reuters
President Joe Biden smiles during a visit to the Intel Ocotillo campus in Chandler, Arizona, on March 20, 2024. – Reuters

According to election-related money filings Wednesday, four-time impeached Trump raised $10.9 million in February, while his fundraising committee only raised $11 million. In cash, the total amount for the re-election campaign is estimated at almost $42 million.

On the other hand, the 81-year-old president's campaign raked in around $53 million with $155 million in cash on hand.

Biden spokesman Ammar Moussa said: “We are two weeks away from the general election and Donald Trump can't raise money, is hiding out in his country club and is letting convicts and conspiracy theorists take over his campaign. “That's not a winning strategy.”

Much of the campaign's money is being spent on Trump's legal problems, as filings with the Federal Election Commission from the group Save America, which the former president formed to defeat Biden in 2020, reported more than 5.5 million dollars in February in legal fees.

A whopping $3 million was spent in January and the total amount rises to more than $55 million since the beginning of 2023.

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