February 6, 2016

JUST FLEECING HIS FLOCK:

Donald Trump's Campaign, Billed as Self-Funded, Risks Little of His Fortune (NICHOLAS CONFESSORE and SARAH COHEN, FEB. 5, 2016, NY Times)

Donald J. Trump once boasted that he could someday be the only person to turn a profit running for president. He may be closer than anyone realizes.

Mr. Trump's campaign spent just $12.4 million in 2015, according to disclosures filed with the Federal Election Commission, millions less than any of his leading rivals for the Republican nomination. More than half of Mr. Trump's total spending was covered by checks from his supporters, who have thronged to his stump speeches and bought millions of dollars' worth of "Make America Great Again" hats and T-shirts.

About $2.7 million more was paid to at least seven companies Mr. Trump owns or to people who work for his real estate and branding empire, repaying them for services provided to his campaign. That total included more than $2 million for flights on his own planes and helicopter, a quarter of a million dollars to his Fifth Avenue office tower, and even $66,000 to Keith Schiller, his bodyguard and the head of security at the Trump Organization.

Posted by at February 6, 2016 8:22 AM

  

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