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applegrove

(118,503 posts)
Mon Nov 27, 2023, 07:55 AM Nov 2023

Donations to GOP drop as worries mount about the party's finances

Donations to GOP drop as worries mount about the party’s finances

Donors have not cut as many large checks to the RNC in recent years, and the party’s small-dollar program has also suffered

By Isaac Arnsdorf and Josh Dawsey
November 27, 2023 at 5:00 a.m.

https://wapo.st/3Rf2BXN

"SNIP........

The Republican Party’s finances are increasingly worrisome to party members, advisers to former president Donald Trump, and other operatives involved in the 2024 election effort, according to 10 people familiar with the matter.

The Republican National Committee disclosed that it had $9.1 million in cash on hand as of Oct. 30, the lowest amount for the RNC in any Federal Election Commission report since February 2015. That compares with about $20 million at the same point in the 2016 election cycle and about $61 million four years ago, when Trump was in the White House.

The Democratic National Committee reported having $17.7 million as of Oct. 30, almost twice as much as the Republican Party, with one year before the election.

“It’s a revenue problem,” Tennessee RNC member Oscar Brock said. “We’re going through the same efforts we always go through to raise money: the same donor meetings, retreats, digital advertising, direct mail. But the return is much lower this year. If you know the answer, I’d love to know it. The staff has managed to tighten down on expenses to keep the party from going into the red.”

...........SNIP"

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ProfessorGAC

(64,891 posts)
2. Well Played
Mon Nov 27, 2023, 08:04 AM
Nov 2023

In fact since their solution to everything is reduce spending AND cut revenues, they should stop all fund raising.
In their philosophy, that should fix everything.
Wonder why they won't try that.

tanyev

(42,528 posts)
4. Look out, MAGA donors.
Mon Nov 27, 2023, 09:25 AM
Nov 2023

I predict that box for recurring monthly payments is going to "accidentally" be set back to checked as the default setting.

SWBTATTReg

(22,081 posts)
5. Ironic. They probably would be able to raise money, if they got rid of their supposedly wealthiest candidate,
Mon Nov 27, 2023, 09:58 AM
Nov 2023

djt, but as we all know, he doesn't really have the money that he's led everyone to believe, hence the running out of money.

Ironic, isn't it?

Skittles

(153,122 posts)
8. are some of them waking the fuck up?
Mon Nov 27, 2023, 04:22 PM
Nov 2023

that maybe supporting fascism ain't a good thing? one can only hope

TheRealNorth

(9,471 posts)
9. Doubt that there is an actual decrease in money for Republican causes...
Mon Nov 27, 2023, 04:27 PM
Nov 2023

They are just going into non-party organizations (Think Tanks, issue-advocacy groups, fake educational institutions) that push Republican ideals and attack Democrats. If the millionaires and billionaires can get a tax deduction for these "donations", so much the better.

NBachers

(17,088 posts)
10. It's all continuously getting hoovered up by *rump. The Maggots actually believe it's being used for their "cause."
Mon Nov 27, 2023, 08:22 PM
Nov 2023
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