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Trump Campaign’s $63 Million Dwarfed by Biden’s $177 Million
Trump's campaign burned through money with profligate spending and bad decisions and fellow grifters lining their own nests:
Trump's incompetence, lack of attention, and lack of self-discipline means he couldn't even manage his own reelection campaign.
Recent campaign filings show how much more the Trump campaign’s joint operation with the Republican Party is spending to raise its money than Mr. Biden. The two joint Trump committees with the R.N.C. spent $190.8 million in July, August and September to raise $355.2 million.
The Biden campaign spent less than half as much on fund-raising from its two joint operations with the Democratic Party ($82.4 million) and yet raised far more, $457 million, during that same period.
Trump's campaign burned through money with profligate spending and bad decisions and fellow grifters lining their own nests:
...more than $350 million...went to fund-raising operations, as no expense was spared in finding new donors online. The campaign assembled a big and well-paid staff and housed the team at a cavernous, well-appointed office in the Virginia suburbs.
Among the splashiest and perhaps most questionable purchases was a pair of Super Bowl ads the campaign reserved for $11 million, according to Advertising Analytics — more than it has spent on TV in some top battleground states. It was a vanity splurge that allowed Mr. Trump to match the billionaire Michael R. Bloomberg’s buy for the big game.
“If you spend $800 million and you’re 10 points behind, I think you’ve got to answer the question ‘What was the game plan?’” said Ed Rollins, a veteran Republican strategist who runs a small pro-Trump super PAC, and who accused Mr. Parscale of spending “like a drunken sailor.”
One of the reasons Mr. Biden was able to wipe away Mr. Trump’s early cash edge was that he sharply contained costs with a minimalistic campaign during the pandemic’s worst months. Trump officials derisively dismissed it as his “basement” strategy, but from that basement Mr. Biden fully embraced Zoom fund-raisers, with top donors asked to give as much as $720,000.
These virtual events typically took less than 90 minutes of the candidate’s time, could raise millions of dollars and cost almost nothing. Mr. Trump has almost entirely refused to hold such fund-raisers. Aides say he doesn’t like them.
Trump's incompetence, lack of attention, and lack of self-discipline means he couldn't even manage his own reelection campaign.