Huh – they had claimed they had no debt https://t.co/QY9pQUsXzI
— Maggie Haberman (@maggieNYT) May 20, 2016
Earlier this week we told you that former Texas Governor Rick Perry, going all-in on supporting Donald Trump, headlined a fundraising conference-call for the pro-Trump Great America super PAC.
Well, hopefully Gov. Perry’s star-power was able to help them raise some cash because they need it. As of the end of April, the PAC only had $65,000 on hand with $300,000 of debt:
Just in: Donald Trump's main super PAC, Great America, raised $500,000 last month — and it had only $65,000 on hand https://t.co/tZHHmJaa3M
— Teddy Schleifer (@teddyschleifer) May 20, 2016
That pro-Trump super PAC Great America PAC? New FEC filing shows debt of $300k and only $65K cash on hand.
— S.V. Dáte (@svdate) May 20, 2016
Great America, Trump super PAC, is out with a list of more than two dozen top supporters — many from California. pic.twitter.com/uzYSA5bWEU
— Teddy Schleifer (@teddyschleifer) May 19, 2016
From the FEC:
$250,000 of the debt is payable to William Doddrigde, founder of the PAC and CEO of The Jewelry Exchange. The other $50,000 loan is payable to Eric Beach, the PAC’s finance director.
The PAC had told the New York Times that they raised $1.6 million to date and had no debt, so there’s a slight disconnect here:
https://twitter.com/carlitos2230/status/733450664387346432
From the Times:
Jesse Benton, a former official for the group who now works on a volunteer basis, said that on Friday its filings with the Federal Election Commission would show $1.66 million raised over all, and no debt. Another recently formed super PAC, the Committee for American Sovereignty, featured donors such as Nick Loeb, a former backer of Gov. Chris Christie of New Jersey.
We don’t know how much the PAC raised in May, but it has authorized a “$200k independent expenditure”:
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Meanwhile this Donald Trump super PAC — which only had $65k on hand as of few weeks ago — just authorized a $200k independent expenditure.
— Teddy Schleifer (@teddyschleifer) May 20, 2016
For comparison purposes, Priorities USA, a pro-Hillary super PAC, has $47 million on hand:
Exclusive: 'Super Pac’ Backing Hillary Clinton Has $47 Million to Bash Donald Trump https://t.co/C85HDT5SiU
— Amy Chozick (@amychozick) May 20, 2016
In other words, $47,000,000 to “zilch”:
Takeaways from FEC filings:
— Bernie is very low on cash
— Cruz had a lot of money still left
— Trump super PAC is starting from zilch
— Teddy Schleifer (@teddyschleifer) May 20, 2016
We’re still waiting on Trump’s FEC filing and we’ll update as soon as we know more:
No FEC report yet from Donald J. Trump for President. But if his public utterances are true, he's loaned himself around $15 million more.
— Teddy Schleifer (@teddyschleifer) May 21, 2016
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Related:
Rick Perry goes ALL-IN for Donald Trump: ‘Our feelings are secondary to this country’
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