Donald Trump’s political action committees spent more than $50m on legal fees over the course of 2023, as the former president’s legal troubles intensified in the face of 91 felony counts across four criminal cases.
According to documents filed with the Federal Election Commission (FEC) on Wednesday night, Save America, Trump’s leadership Pac that has shouldered most of the financial burden of his legal battles, entered 2024 with just $5m in cash on hand after spending more than $25m on legal expenses over the last six months of 2023.
Another Trump-affiliated group, Make America Great Again, spent another $4m on legal bills over the second half of the year. Earlier filings showed that Save America also spent more than $21m on legal fees during the first six months of last year, bringing Trump’s total 2023 legal bill to more than $50m.
As Trump’s legal woes have escalated, his political action committees have been forced to redistribute their financial resources. Filings show that Maga Inc refunded $30m to Save America in the second half of 2023, after already transferring more than $12m to the group earlier in the year. Save America had distributed $60m to Maga Inc back in 2022 to bolster Trump’s campaign efforts, but the group has now reclaimed most of those funds in the face of the former president’s mounting legal fees. After those transactions, Maga Inc reported roughly $23m in cash on hand heading into 2024.
The FEC filings show that Trump-affiliated groups distributed payments to lawyers such as John Lauro, Steven Sadow and Chris Kise, all of whom have assisted in the former president’s legal defense. The new reports underscore how much of Trump’s impressive fundraising haul has been diverted away from his presidential campaign and redirected toward his legal battles – a fact that has caught the attention of his opponent in the Republican presidential primary, Nikki Haley.
Haley said on X (formerly Twitter) on Tuesday: “Another reason Donald Trump won’t debate me … His PAC spent 50 MILLION in campaign dollars on his legal fees. He can’t beat Joe Biden if he’s spending all his time and money on court cases and chaos.”
Despite the former president’s mounting legal troubles, the Trump campaign still began 2024 with $33m in cash on hand, but that total fell short of Joe Biden’s re-election campaign. The Biden campaign began 2024 with roughly $46m in the bank, while the Biden victory fund, a joint fundraising committee, reported $37.5m in cash on hand. The Democratic National Committee also reported more than twice as much cash on hand compared with its Republican counterpart, which started 2024 with just $8m in the bank.
The figures prompted celebration among Biden campaign officials, who boasted about the president’s superior fundraising on social media.
TJ Ducklo, a Biden campaign spokesperson, said in a statement: “While Donald Trump lights money on fire paying the tab on his various expenses, Team Biden-Harris, powered by grassroots donors, is hard at work talking to the voters who will decide this election and building the campaign infrastructure to win in November.”
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Beyond his legal fees, Trump is dealing with other financial strain, after a New York jury recently awarded $83.3m to E Jean Carroll in her defamation lawsuit. Last year, another jury found Trump liable for sexually abusing and defaming Carroll, awarding her $5m.
And Trump’s civil lawsuits will soon be the least of his concerns. Two of his criminal cases are scheduled to go to trial in March, although at least one of those trials is expected to be delayed. Trump’s legal troubles – and their associated fees – will probably only worsen in the months ahead.
Source: US Politics - theguardian.com
