At the end of May, Trump’s campaign had just $1.3 million in cash on hand, whereas his presumed opponent Hillary Clinton had a whopping $42 million. In comparison, former Republican opponent Ben Carson, who left the race in March, still has $1.8 million.
Trump will face an uphill battle for commercial air time in coming months, as Clinton has reserved $117 million in television ad buys. Trump, who has largely relied on the free promotion the media heaps on him for his inflammatory and attention-getting personality, has not currently made any TV ad buys.
This may have to do with his previous refusals to ask for or accept donations, all while making it a point that he is self-funded and cannot be bought. While this was a great pitch to primary voters, it will not help him, going into the general.
Beyond his campaign being broke, some interesting revelations within the filing caused many an eyebrow to be raised at the state of his personal finances.
In the month of May alone, there were payroll disbursements to himself, $423,000 paid to his golf club, and a $349,000 payout to his airline. Approximately 20% of his campaign spending was funnelled back to entities connected directly to him.
Still, even those who disapprove of the candidate took to social media in his defense, noting that he was first attacked for being rich, and now is attacked for being poor.
The hashtag trended throughout Monday evening and into early Tuesday.