US President Donald Trump said Tuesday he was ready to spend some of his own fortune on his re-election campaign after his team’s once-touted donation machine showed signs of anger.
“If I have to, I will,” Trump told reporters when asked if he wanted to spend his own money. “Whatever it takes. We have to win.”
Trump has effectively campaigned for a second term throughout his tenure, filing for a run on the same day as his inauguration in 2017.
As of early 2019, his campaign has spent around $ 800 million, more than twice that of his Democratic opponent Joe Biden.
Despite this head start and the boastful description of the campaign as a “juggernaut,” the Trump platoon is reportedly encountering a financial wall.
Biden, who began his White House search with a slow, poorly funded effort, surprised many by overtaking Trump in the fundraiser in August with a profit of $ 365 million – shattering previous monthly records.
And despite all of Trump’s previous high spending, Biden maintains a constant lead in the polls.
With just eight weeks to go before election day, the bills will pile up as it speeds up travel, public relations for voters and, above all, expensive television advertising.
A New York Times article published Monday looked at lavish spending among then campaign manager Brad Parscale, specifically two ads that aired during the Super Bowl with a reported price of $ 11 million.
Parscale’s own spending habits, including having his own chauffeur, were symbolic of the operation, according to the report.
His successor, Bill Stepien, who won the contract in July, has made reducing costs a priority.
On Twitter, Trump said financial problems were the media’s fault because he was “forced to spend money to counter the fake news.”
“We have and are doing a great job and still have a lot of money left over,” said the real estate entrepreneur.
(Except for the headline, this story was not edited by GossipMantri staff and published from a syndicated feed.)