Trump Now Spending More Than He’s Bringing In To Keep His Dying Campaign Alive

Donald Trump has managed to raise an impressive amount of cash in each of the last few months, but the amount that he’s raising is still hundreds of millions less than what Harris has raised during that same time. To make things even worse, Trump’s campaign is now spending more than they are bringing in, meaning that he’s having to tap into his cash reserves just to stay afloat. Ring of Fire’s Farron Cousins explains what’s happening.

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*This transcript was generated by a third-party transcription software company, so please excuse any typos.

To be clear, and I'm gonna start off saying this so that, you know, I don't catch any flack for it. Donald Trump has managed somehow to actually raise an impressive amount of money in the last few months after struggling tremendously earlier this year to basically raise anything at all. Right? I did story after story for the first six months of this year about how Donald Trump was, was struggling with money. The small dollar donors were tapped out, the big money conservatives didn't want to give him any donations. But following the event at that, uh, uh, Pennsylvania rally, his numbers increased. After the debate, his numbers increased after the, uh, uh, convention. His numbers increased all of his fundraising numbers as poll numbers, different story. But he was able to start actually raising money again. However, the amount of money that he raised was not only dwarfed by the amount of money that Kamala Harris has raised, but also the money seems to have kind of stopped.

And to make things worse, in the month of August, Donald Trump spent $32 million more than what he brought in, which means he is now having to tap into his cash reserves because he is blowing through money faster than it's coming in. So that trend that went on for, you know, July and maybe part of August has disappeared. Donald Trump is no longer bringing in more than a hundred million dollars a month. And so he is having to burn through his cash and he's burning through it. While Harris is not only still outspending him, but she has, her campaign has so much money, that last month, they actually went ahead and reappropriated some of it to give it to down ballot Democrats. So Trump is having to tap into his cash reserves 'cause he is not raising enough to keep up with spending. And Harris has so much that she's just giving it away.

Like, here you go, down ballot Democrat. I don't know what I'm gonna do with it. So you take it and you run your race with it. The exact opposite thing is happening with Trump's campaign, and that has been happening, by the way, for months. The RNC, which is supposed to help fund all Republican candidates, has been taking money away from down ballot Republicans to help prop up Donald Trump. So just to show you the two difference differences in those campaigns, Trump is robbing from other Republicans to keep his dying campaign alive. Harris's thriving campaign is doing so well. She's literally giving out tens of millions of dollars to desperate Democrats. I don't know about you, but that also kind of says a lot about how these two people would govern.

Trump wants it all for himself. Harris would be like, Hey, let's spread it around a little bit and help everybody. I don't know that you need a bigger dichotomy of the two different campaigns and their operating styles, but there it is. But there's a bigger issue. The money slowing down for Donald Trump is indicative of the fact that he is losing support. Either he is losing support or all of his donors are tapped out. It could be one or the other, but I'm willing to bet that his pathetic poll numbers are causing donors, even small dollar donors, to say, wait a minute, I, I, I don't want to just throw money away. So maybe I'll hold onto it a little bit longer, see if you can do a little better, and then I'll give you more. But either way, it's not a show of support for Donald Trump.