How Trump plowed through $1 billion, losing cash advantage

 

October 21, 2020



WASHINGTON (AP) — President Donald Trump's sprawling political operation has raised well over $1 billion since he took the White House in 2017 — and set a lot of it on fire.

Trump bought a $10 million Super Bowl ad when he didn't yet have a challenger. He tapped his political organization to cover exorbitant legal fees related to his impeachment. Aides made flashy displays of their newfound wealth — including a fleet of luxury vehicles purchased by Brad Parscale, his former campaign manager.

Meanwhile, a web of limited liability companies hid more than $356 million in spending from disclosure,...



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