President Donald Trump’s campaign is facing a cash crunch with less than two weeks to go until election day, as recent filings with the Federal Elections Commission show Joe Biden’s campaign has nearly $100 million more cash on hand than the president’s campaign.
The New York Times reports that Trump’s campaign is entering the final stretch of the campaign at a financial disadvantage despite having raised $1.5 billion in tandem with the Republican Party over the last two years.
“The financial pinch has engulfed his advisers and party officials in something of an internal blame game after years of bragging about their fund-raising prowess, according current and former campaign and administration officials,” the Times reports. “Republican allies, meanwhile, are wondering where all the money went.”
Alex Conant, a Republican strategist and former adviser on Senator Marco Rubio’s 2016 presidential campaign, tells the Times that “asking where the money went is always the first question” in figuring out what went wrong with a failed presidential campaign.
Trump campaign spokesman Tim Murtagh insisted to the Times that all is well, however, and claimed “the president will have all the resources he needs to win re-election.”
Anthony Scaramucci: ‘Trump is really losing it psychologically’
Former White House Communications Director Anthony Scaramucci on Tuesday suggested that President Donald Trump is suffering mental problems after losing the 2020 election.
"Trump is really losing it, psychologically," Scaramucci wrote on Twitter. "His followers don’t get that being a 'loser' is just about as bad as actual death to him."
"He is now a 'loser' in his daddy’s eyes," he added. "All he can do is act out. I wonder how it will end."
Trump is really losing it, psychologically. His followers don’t get that being a “loser” is just about as bad as actual death to him. He is now a “loser” in his daddy’s eyes. All he can do is act out. I wonder how it will end.
Rick Wilson and George Conway hilariously ridicule the GOP’s attempt to save Georgia’s Senate seats as Trump implodes
Conservative attorney George Conway -- who is married to former Donald Trump adviser Kellyanne Conway -- made an appearance on GOP consultant Rick Wilson's "The New Abnormal" podcast on Tuesday, where the two Lincoln Project founders wondered whether the president really wants the Republican Party to hang onto the two Georgia Senate seats headed for a run-off in January after he went down to defeat in the state.
The trio started off the Daily Beast podcast with a hilarious dramatic reading of the Washington Post's bombshell report about the president's inability to comprehend how he lost the election, with Conway laughing at the mention of Trump's "fragile mental state."
US lawmakers renew stimulus push as focus shifts to Biden
President-elect Joe Biden will present his economic team on Tuesday, as a bipartisan group of senators make a renewed push for another stimulus package to help the faltering US economy.
With Covid-19 cases spiking, the world's largest economy faces an uncertain outlook that Biden and his economic team led by nominee for Treasury secretary Janet Yellen will have to work to remedy.The diverse group, with women and minorities in key roles, will face millions in jobs losses and a rising wave of small businesses shutting their doors and major corporations laying off their workers.
Outgoing Treasury secretary Steven Mnuchin agrees on the need for more federal help for workers left jobless and business battered by the pandemic.