Trump campaign nearly went broke amid $200 million budget misfire, GOP sources say - Business Insider

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Funds are still tight for the Trump campaign. 'They don't have enough money to close out the race,' a former GOP fundraiser familiar with the president's 2020 strategy said.

But money has been tight since then, leaving no less than the president himself to attempt to beat back stories that his campaign is on the rocks and float the idea, again, that he would open up his own checkbook to keep it running.

Since Parscale's demotion, the Trump campaign has scrambled to save money with the clock ticking fast on the 2020 race. The Trump campaign's cash-on-hand balance steadily increased under Parscale throughout 2020. And two Trump campaign officials argued to Insider after this story published on Oct. 13 that it would have been highly unlikely that the reelection team's spending could have outstripped its contributions so dramatically that it caused the campaign to burn through all its money.

But other Republicans have said the advertising situation is not as dire as it seems, adding that Trump's campaign has been focusing heavily on national advertising, while withdrawing smaller local ad buys. raising record amounts of cashTrump raised a whopping $210 million in August, according to Federal Election Commission reports. Parscale was banking on almost double that amount to come in this month, a Republican close to the president said.

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