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Trump campaign cash crisis: Biden has nearly three times more money — and president won’t ante up

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President of the United States Donald Trump speaking with supporters at an "An Address to Young Americans" event. (Gage Skidmore/Flickr)

With less than two weeks until Election Day and with nearly than 40 million Americans having already voted Democratic presidential nominee Joe Biden has a commanding lead in the polls and nearly three times as much cash in the bank.

According to Politico, former Vice President Biden has $177 million in cash on hand. President Donald Trump has just $63 million.

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By comparison, at this point in his 2012 re-election race then-President Barack Obama had $100 million in cash, and his Republican challenger Mitt Romney had “almost exactly the amount Trump has left this year.”

Biden is in a good position, Trump is not.

And yet America’s billionaire president, who promised when he first ran four years he would self fund but didn’t, and promised months ago he would pony up cash to help his campaign if it were running short, hasn’t.

Just six weeks ago Trump was bragging he has “double, maybe even triple” the cash on hand that he did four years ago, “but if we needed any more I’d put it up personally.”

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Trump hasn’t lent his campaign money, nor has he given his campaign any money this year – except for a mere $8,000.

It’s a staggeringly small sum, one some might say reflects what he thinks his chances of winning are and what his presidency is worth.


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2020 Election

Arizona Republican likens Trump’s loss to Japan getting nuked while losing WW II — but as a good thing

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President Donald Trump on Monday allowed President-elect Joe Biden's transition to proceed -- while vowing he would never concede.

Despite Trump losing the election, some Trump supporters are refusing to accept the outcome.

One Arizona Republican in Congress, Paul Gosar, drew upon the historical knowledge him learned on his way to becoming a dentist in a bizarre analogy he posted on Twitter.

Gosar suggested the Trump movement would be like an Imperial Japanese soldier in World War II who refused to surrender until 1974.

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2020 Election

Neal Katyal predicts law schools will teach a ‘Worst Mistakes in Court’ class on Trump’s ‘pathetic’ 20-day fiasco

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Prominent lawyer Neal Katyal is best known for having tried over 40 cases before the United States Supreme Court and serving as acting Solicitor General during the Obama administration.

But he also has spent more than two decades as a law professor at Georgetown.

He drew upon all of that experience for a Monday evening appearance on MSNBC's "The Last Word" with Lawrence O'Donnell.

"Someday a law school class is going to be called 'The Worst Mistakes in Court' -- and it will be just about these 20 days," Katyal predicted. "Because this legal strategy is so pathetic it makes Trump's coronavirus strategy look competent by contrast."

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2020 Election

Trump vows he ‘will never concede’ — in 11 pm conspiracy-filled rant

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Donald Trump lost the 2020 presidential to President-elect Joe Biden, but is still refusing to concede.

White House aides reportedly convinced him to allow Biden to begin his transition by telling him he did not need to use the word "concede."

But that word appeared to be on his mind late Monday night.

"What does GSA being allowed to preliminarily work with the Dems have to do with continuing to pursue our various cases on what will go down as the most corrupt election in American political history?" Trump asked while continuing to lie about the election being corrupt.

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