Former President Donald Trump and the Republican Party entered this year having stockpiled more than $175 million from fundraising in November and December based on his false claims of voter fraud, spending only a tiny fraction on lawyers and bills for his effort to overturn the presidential election, according to new campaign finance reports filed Sunday night.
His campaign’s single biggest expense in December was a nearly $5 million media buy paid to the firm that bought his television advertisements. His second-largest payment, $4.4 million, was for online advertising. And the Republican National Committee pocketed millions of dollars in donations — collecting 25 cents for every dollar Trump raised online — in the final weeks of the year as it spent relatively little on legal costs.
All told, Trump’s campaign spent only $10 million on legal costs — about one-fifth of what it spent on advertising and fundraising, according to an analysis of Federal Election Commission filings from Nov. 4 through the end of the year.
That accounts for just some of their haul. The party and the former president had roughly $63 million more in two shared accounts waiting to be distributed between them, with Trump’s PAC entitled to 75% of the money raised in December, giving him an estimated $70 million PAC war chest.Yahoo As Trump Raked In Cash Denying His Loss, Little Went to Actual Legal Fight