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Retired President Donald Trump's once-formidable and lucrative political action board is decreased to $3 million

August 2, 2023: Retired President Donald Trump’s once-formidable and lucrative political action committee is decreased to $3 million. In contrast, committees allied with Florida Gov. Ron DeSantis and President Joe Biden have more than $100 million combined ready to deploy, new data shows.

Trump’s Save America PAC raised over $15 million in the foremost half of 2023, spent over $30 million, and currently has about $3.6 million on hand, the Federal Election Commission records stated. The committee came into 2023 in a strong position, extending over $100 million with $18 million.

An NBC News analysis of the filings reveals that Save America spent about $20 million on legal fees, with payments going to more than 40 law firms.

The drop in fundraising by the Trump PAC suggests the small-dollar donor operation that has helped the former president and his allies run a political fundraising juggernaut could be dwindling.

Data from OpenSecrets reveals that during the 2020 presidential election in which Trump lost, his campaign and affiliated outside group raised over $300 million from donors who gave $200 or less. That accounted for 48% of the donations.

“Most of the money that middle-class Americans have given to him, he’s spent on his legal fees,” former New Jersey Gov. Chris Christie told CNBC on Tuesday.

According to FEC records, Christie is among a group of candidates who, despite being down in the polls to Trump, is seeing some big-money support.

The super PAC backing Florida Gov. Ron DeSantis’ campaign is flourishing, with over $130 million in the first half of the year and over $96 million. His campaign raised around $20 million and went into the third quarter with just over $12 million.

Through his campaign and at least two joint fundraising committees, Biden spent the second quarter raising over $70 million.

The pro-Trump super PAC, Make America Great Again, Inc., which raised about $14 million over the same period, also appears to have spending troubles coming into the second half of 2023. It spent over $37 million on various items, having over $20,000 at Trump’s private club in Florida, Mar-a-Lago, earlier this year.

The super PAC came into the later phases of the year with $30 million on hand.

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