Trump burns through donors’ money as legal troubles mount

>>> DONALD TRUMP'S POLITICAL OPERATION IS BURNING THROUGH CHASH AS HIS LEGAL BILLS MOU UP. THE PRO TRUMP SAVE AMERICA PAC STTED WITH $18 MILLION CASH ON HAND, BUT AS OF LAST MONTH, THE GROUP HAS LESS THAN $4 MILLION REMAINING. AFTER PAYING LAWYERS, TRUMP'S PAC IS NEARLY BROKE. OUR GREAT REPORTERS ARE BACK WITH US. IT'S A LOT OF MONEY HE'S MADE, BUT A LOT OF MONEY SPENT. >> A LOT OF LAWYERS. THIS IS A CONTINUATION. THIS IS LIKE DEBT, TAXES, SOMEONE ELSE TO PAY HIS LAWYERS. THE RNC DOING IT WHILE HE WAS PRESIDENT, BUT IT DOESN'T SEEM LIKE DONORS ARE CUTTING HIM OFF YET. PERHAPS THEY ARE LOOK ING AT THS AS AN INVEST THE TOWARD HIM MAKING IT BACK IN, BUT CERTAINLY, THIS IS GOING TO BECOME A PROBLEM, BEING ABLE TO KEEP IT FULL. YOU HAVE SEEN THE PAC CLAW BACK MONEY FROM THE SUPERPAC $60 MILLION BECAUSE THEY HAVE SPENT SO MUCH. MONEY THEY TRANSFERRED THERE. SO CLEARLY, THERE'S AN ISSUE. >> JUST THINK ABOUT WHY THEY TRANSFERRED $60 MILLION FROM -- THESE ARE ALL CON STILLCITYLATI TRUMP WORLDS. THEY ARE BUT WHY DID THEY TRANSFER $60 MILLION? IT WAS SUPPOSED TO BE FOR TELEVISION ADS AND INVESTING IN THE CAMPAIGN. THE LEADERSHIP PAC SPENT MONEY ON ALL THESE LEGAL FEES. >> CAN I JUST ALSO ADD ONE MORE THING THAT THE PAC SPENT MONEY ON? IT LOOKS LIKE THEY SPENT MONEY ON A STYLIST FOR MELANIA TRUMP. $108,000 WENT TO A STYLIST FOR STRATEGY CONSULTING IN THE FORM OF SIX PAYMENTS OF $18,000 A YEAR. HOW DO I GET THAT? >> THIS IS ONE OF THE REASONS WHY I'M SURE DONALD TRUMP WANT ED TO RUN FOR PRESIDENT. FACING THESE LEGAL INDICTMENTS HANGING OVER HIS HEAD, IT'S CONVENIENT TO HAVE THIS. HOW MELANIA TRUMP IS INVOLVED HERE, I DON'T REALLY GET IT. I DON'T KNOW WHAT THAT COMPANY IS, I DON'T KNOW IF SHE'S CONSULTING THEM. I DON'T KNOW WHAT'S GOING ON THERE. BUT I DO KNOW SHE DOESN'T SEEM TO BE INVOLVED IN THE CAMPAIGN THAT MUCH. I THINK YOU HAVE SOME OF DONALD TRUMP'S OPPONENTS MAKING THIS AN ISSUE, THIS IDEA THAT HERE'S THIS GUY THAT'S A BILLIONAIRE BUT LOOKING TO ORDINARY AMERICANS WHO ARE SPENDING IN THEIR $20 OR $50. AND THEY ARE PAYING HIS LEGAL BILLS. IT'S NOT REALLY BOOKING IN TERMS OF LANDING FOLKS OR PREVENTING THEM FROM SENDING MONEY. >> TOTALLY. THERE'S SO MANY FASCINATING SUBPLOTS WHEN IT COMES TO THIS RACE. AND SOME OF IT IS BORN OUT IN THE CRUXES TO VARIOUS CANDIDATES AND THEIR PACS AND SUPERPACS. WE'RE MENTIONING DONALD TRUMP. HIS SON-IN-LAW HAS GIVEN MONEY TO HIS ENTITIES. AS HAS HIS FATHER, CHARLIE KUSHNER. CHARLES WAS SOMEBODY WHO WAS PUT IN JAIL BY CHRIS CHRISTIE, LOOK AT THAT. CHRIS CHRISTIE GOT MONEY FROM THE KUSHNER. MURRAY IS JARED KUSHNER'S UNCLE. AND HE'S ALSO SOMEBODY WHO HELPED CHRIS CHRISTIE PUT CHARLES KUSHNER IN JAIL WHEN CRHRISTIE WAS U.S. ATTORNEY. >> HE WAS A KEY PART OF THAT INVESTIGATION. AND BASICALLY, NOT FLIPPED, BUT JUST HELPED CHRISTIE GET HIS BROTHER NAILED. THE FAMILY HISTORY OF THE KUSHNERS AND CRHRISTIE IS JUST FASCINATING. JAH VED KUSHNER ASK CHRISTIE HAD TO NAVIGATE EACH OTHER, BUT HE WAS OPERATE ING IN THE TRUMP ORT WHILE JARED KUSHNER WAS A SENIOR ADVISER. THERE'S NO LOVE LOST. >> IF IT WE PUT THAT BACK UP, I DON'T WANT TO LEAVE THE MOOCH OUT IN THE COLD. SCARAMUCCI WAS A SUPPORTER AT THE BEGINNING OF THE TRUMP ADMINISTRATION AND HE'S NOW GIVING $100,000, A BIG CHECK TO THE CHRISTIE SUPERPAC. I WANT TO MOVE ON TO THE CASH ON HAND, WHEN WE WERE LOOKING AT THE OVERALL AMOUNT OF MONEY THAT THESE SUPERPACKS AND THESE ARE THE BIG ORGANIZATIONS THAT CAN RAISE UNLIMITED NMONEY. THEY ARE NOT SUPPOSED TO COORDINATE WITH THE CAMPAIGNS THEMSELVES, BUT A LOT OF THESE CANDIDATES ARE RELYING HEAVILY ON THEM WHEN THEIR OWN MONEY IS SORT OF DWINDLING. THAT DEFINITELY IS TRUE FOR RON DeSANTIS. HIS SUPERPAC IS SITTING ON A LOT OF MONEY. $97 MILLION, AND IT'S INTERESTING THAT YOU'RE SEEING HIS CAMPAIGN NOW ATTENDING EVENTS. HE'S A SPECIAL GUEST SPONSORED BY THE SUPERPAC AS HIS ACTUAL CAMPAIGN IS STARVE ING FOR CASH. >> RIGHT. YOU HAD THIS BUS TOUR IN IOWA SPONSORED BY THE SUPERPAC. THAT'S WHO THEY ARE LEANING ON BECAUSE HE ALSO HAD QUITE THE BURN RATE BECAUSE OF ALL THE STAFF THEY EMPLOYED. BUT WE'RE JUST GOING TO SEE MORE OF THIS. ONE OF THE MORE IMPRESSIVE TIM SCOTT WAS DOWN THERE SOMEWHERE, BUT IT'S ANOTHER MEASURE OF HOW STRONG A CANDIDATE'S GOING TO BE. THEY HAVE THESE OTHER ENTITIES SPENDING ON THEM. YOU'RE SEEING IT WITH SOME OF THE OTHER CANDIDATES TO KEEP THEIR NAME OUT THERE, EVEN IF THR NOT PULLING IN THE SAME MONEY FROM THEIR INDIVIDUAL LEADERSHIP PACS. >> BECAUSE YOU CAN GIVE UNLIMITED MONEY F YOU'RE A WEALTHY PERSON, RON DeSANTIS HAS BEEN ABLE TO RAISE A LOT OF MONEY JUST FROM FOUR ENTITIES. THAT'S PART OF THAT STORY THERE.

Channel: CNN

Views: 96,263

Keywords: latest news, Happening Now, CNN, Dana Bash, Inside Politics, David Chalian, Donald Trump, Trump Campaign, Trump PAC, Trump Legal Troubles, Election 2024, GOP Nomination, GOP Primary, Trump Indictment, January 6, US Captiol Riot, Mar-a-Lago Search, Mar-a-Lago Documents, Trump Documents Case, Classified Documents, Top Secret Documents, Georgia Grand Jury, Georgia Election Tampering, Trump Hush Money Case

Id: Ka_8tzMZDw4

Length: 5min 44sec (344 seconds)

Published: Tue Aug 01 2023