Donald Trump's campaign blew almost $1 billion and now they're in deep trouble - Business Insider

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Opinion | Donald Trump's campaign blew almost $1 billion and now they're in deep trouble. By ReedGalen of ProjectLincoln.

Donald Trump's 2020 election campaign started the day he was sworn into office.Now with a cash problem and a major deficit in the polls, the Trump campaign has to figure something out — fast.This is an opinion column. The thoughts expressed are those of the author.In the corner office of a nondescript office building in Northern Virginia, President Donald Trump's new campaign manager, Bill Stepien, stares at a spreadsheet.

Once something the size and scope of a presidential campaign starts, the cash register begins running and it never stops. All the overhead — the offices, the employees, the computers, the consultants — all of it has to be paid for. On any given day, Trump's committee sends a half-dozen email appeals and runs countless Facebook ads churning dollars through its account. However, Trump's "cost of funds" — the term for how much it takes to raise a dollar, is about 60%. To put it another way, out of every dollar Trump raises, his campaign takes home about 40 cents.

 

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reedgalen ProjectLincoln 6 bankruptcies and can’t wait to see its 7th ! I won’t cry for you narcissistic 🤡

reedgalen ProjectLincoln Sure😆😆. They’re gonna win, again

reedgalen ProjectLincoln Blew. Or. Stole. ?

reedgalen ProjectLincoln

reedgalen ProjectLincoln

reedgalen ProjectLincoln The walls are closing in again.

reedgalen ProjectLincoln Lol... No. Biden is in trouble.

reedgalen ProjectLincoln The walls are finally closing in!

reedgalen ProjectLincoln

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