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Campaign financial situation so bad that Trump is actually considering spending his ‘own’ money to win: report

“President Donald Trump has discussed spending as much as $100 million of his own money on his re-election campaign, if necessary, to beat Democratic nominee Joe Biden, according to people familiar with the matter. The billionaire president has talked about the idea with multiple people, though he hasn’t yet committed to any self-funding, according to people briefed on internal deliberations. Though Trump personally contributed $66 million to his 2016 campaign, it would be unprecedented for an incumbent president to put his own money toward winning a second term. Trump has sought advice about whether he should self-fund as he scrutinizes heavy spending by his team earlier this year that failed to push him ahead of the former vice president in the polls. Trump’s re-election effort, including the Republican National Committee, has spent more than $800 million so far, while Biden and the Democratic National Committee spent about $414 million through July, according to financial reports. Trump and the RNC have yet to release their fundraising numbers for August. They said they raised $76 million during the four days of the Republican National Convention last month” – Bloomberg.

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