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Roland99

(53,342 posts)
Tue Nov 10, 2020, 02:20 PM Nov 2020

Just what are the rules for a PAC's expenditures anyway? Asking for a friend at a German bank

Trump starts raising money for new ‘Save America’ PAC, which will enable him to fund his future activities.
https://www.nytimes.com/live/2020/11/10/us/joe-biden-trump/trump-starts-raising-money-for-new-save-america-pac-which-will-enable-him-to-fund-his-future-activities

In the days since the election, Mr. Trump’s campaign has blitzed supporters with text messages and emails almost hourly, spreading unsubstantiated claims of widespread fraud and asking supporters to give to the “official election defense fund.”

“We need YOUR HELP to DEFEND the integrity of our Election,” read one email early Tuesday morning.

The fine print shows where the money is actually going.

Initially, 60 percent of donations were going to pay off debts that the Trump campaign had accumulated. But as of Tuesday, that had shifted.

Now, 60 percent of donations are earmarked for Save America, which was registered with the Federal Election Commission on Monday by Bradley T. Crate. Mr. Crate also serves as Mr. Trump’s campaign treasurer.

Only after a donor gives more than $5,000 does any of the money go to the recount account that Mr. Trump set up.
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Just what are the rules for a PAC's expenditures anyway? Asking for a friend at a German bank (Original Post) Roland99 Nov 2020 OP
He thought he'd have more time to steal money. Turbineguy Nov 2020 #1
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