Input | Output |
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Link | Youtube |
Published | 2024/02/03 |
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Status | article incomplete |
Beau says:
The National Republican Party faces a fundraising nightmare as Trump's initial success dwindles, deep-pocket donors hesitate, and financial woes persist at state and federal levels.
Political observers
Further insights into the potential impact of the Republican Party's financial struggles on their campaign strategies and candidate choices.
#RepublicanParty #Fundraising #Trump #PoliticalDonations #EconomicImpact
Well, howdy there, internet people.
Led Zebo again.
So today we are going to talk about the Republican Party
and, well, money, fundraising and how things are shaping up.
We're gonna go over what is,
I guess it's wider spread news
and then we're going to put it into context
with something else because I feel like a lot of people
are going to ignore the first bit
because they don't know about the second bit.
Okay, so we're going to talk about the Republican Party's fundraising nightmare,
because they're in trouble.
The RNC, so this is the National Republican Party, they basically had their worst fundraising year
since 1993.
They're closing out with 8 million cash on hand and 1.8 in debt or something like that.
Really, really, really not good moving into a presidential election year.
That's in real bad shape to be in and there's not really any signs of it getting better.
Now, I would imagine that most people are sitting there thinking,
Well, that's because Trump is getting all of that money.
Trump's bringing it all in to his fundraising activities.
Yeah, I mean, you would think, right?
You would think.
Because it started off that way early in the year.
This is that second bit that matters.
Trump brought in a lot of cash.
He was having some big days when he would show up at court early on.
Back in April-August, he was pulling in like $4 million a day on the days he was entering
Not Guilty, Please.
Now when he shows up, they're lucky to get $300,000, 10%.
They've hit that point of diminishing returns.
It's not going well.
Trump isn't raising the money that would be needed either, especially since that money
is going out for you know legal fees. The Republican Party is not in good shape
and you combine this with all of the news we have about the various state
level parties and they're not doing well either. The Republican Party has a money
issue. And how they are going to resolve that in a campaign year with the
candidates they have decided to push out front, that's anybody's guess. It's also
worth remembering that the Republican Party had somebody who was just amazing
fundraising. You may not like him, may not think highly of him in any way, shape,
or form, but nobody can question McCarthy's fundraising ability. Oh, that's
right, the Republican Party ousted him. They may look back on that as a really
bad decision for a whole bunch of reasons, and I feel like money is gonna
to play into that.
Starting off this year, the Republican Party is in trouble when it comes to cash.
And there's no ready way to fix it, mainly because a lot of the deep pockets, they are
reluctant to contribute to the RNC because they feel like the RNC is just going to use
it to back Trump and Trump candidates.
And those with deep pockets know that he's bad for business, he's bad for the economy,
so they don't want him to win.
They're more likely to give the money to a fund that might help Nikki Haley or just hold
it because they might be conservative, they might be Republicans at heart, but when you
were talking about those deep-pocket donors, the big business that Republicans
have counted on for so many years, yeah they don't care about red and blue, they
care about green. And the Republican Party, well, they've been bad for the
economy. So that green may override any conservative belief. Anyway, it's just a
I thought, y'all have a good day.
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