Former President Trump's leadership PAC has $85 million cash on hand ahead of the 2022 midterm elections and as the former president hints at a potential 2024 run, Fox News has learned.
The funds are likely to be used to help Republican candidates across the country as the GOP attempts to take back the majority in the House of Representatives and/or the Senate in 2022, a source familiar told Fox News Thursday.
Save America PAC, which Trump formed just after Election Day, started 2021 with at least $31.2 million, according to a report filed in February with the Federal Election Commission.
That report showed that the PAC had only spent around $218,000 by the end of 2020 — all in merchant fees to WinRed, a GOP online fundraising platform designed to compete with Democrats in the battle for small-dollar campaign donations.
After the election last year, now-former Trump campaign communications director Tim Murtaugh told Fox News that Trump "always planned to [fundraise], win or lose, so he can support candidates and issues he cares about, such as combating voter fraud."
The National Republican Congressional Committee on Thursday reported that it brought in $33.7 million in fundraising in the first quarter — between January and March — of this year.
The figures, shared first with Fox News, include a large $19.1 million haul in March alone, which the NRCC said beat its previous off-election year record by $3.6 m... (Read more)
Submitted 13 days ago