The New York Times' Maggie Haberman on Thursday said former President Donald Trump appears to be unable to post the bond needed to appeal the E. Jean Carroll verdict.
Appearing on CNN, Haberman discussed the 45th president's cash-strapped status as he continues to struggle to come up with the cash needed to appeal the Carroll verdict, where he must post $83.3 million plus interest.
Trump has tried to get out of paying the bond on time by asking for extensions, and has also asked that the court lower the bond, but so far nothing has worked.
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According to Haberman, this is all showing the self-proclaimed billionaire may be experiencing a liquidity crisis.
"There is clearly a problem so far in acquiring a bond," said Haberman. "It doesn't mean that they won't get there, but I'm not sure what a couple of more days delay is going to do. And the judge has already said no delay previously."
Haberman said that Trump's efforts to wiggle out of posting bond on time are also significant given the fact that his campaign has been significantly outraised by President Joe Biden's so far and he's in need of a major cash injection to keep up.
"The financial disparity has been a concern for Trump political advisers for many, many months, going back to the fall when it was clear that he was likely to be the Republican nominee," said Haberman. "It was clear that there was going to be a huge disparity between what Democrats were going to raise -- not just the Biden campaign proper, his super PAC, the Democratic National Committee, and then there will be other outside groups. At the moment, Trump does not have something like that."
