By the end of next week he’ll probably have FOUR Criminal cases to face…..
He’ll also have NUMEROUS Civil cases including a New York one that is looking at $250 Million….
He’s been using political money and other sources so far to pay the lawyers….
Next year when the case’s will commence CONSECUTIVELY?
His expense’s burn rate will be off the charts….
Oh, and the Fed’s are checking on one of the Super Pac’s already….
But a axiom of Donald Trump is….
‘Spend THEIR Money…Not Mine….’
Donald J. Trump’s legal problems aren’t just piling up — his legal bills are, too.
New financial reports show that the former president’s various political committees and the super PAC backing him have used roughly 30 cents of every dollar spent so far this year on legal-related costs. The total amounts to more than $27 million in legal fees and other investigation-related bills in the first six months of 2023, according to a New York Times analysis of federal records.
That $27 million in legal costs includes Mr. Trump paying at least eight law firms more than $1 million each in the first half of 2023, part of a sizable set of legal billings expected to spiral upward in the coming months as his overlapping criminal cases wind their way toward courtrooms in New York, Florida and Washington, D.C.
The new disclosures revealed the remarkable degree to which Mr. Trump’s political and legal cash are intermingled, much like his own political and legal fate.
Mr. Trump’s complex political orbit is already spending more than it is taking in, and tapping into money it raised years ago — an unusual trajectory this far out from an election. And the burn rate raises questions about whether such an approach is untenable, or whether Mr. Trump will eventually need to dip into his own fortune to pay for his lawyers, his 2024 campaign or both….
Investigations involving Mr. Trump are ongoing, including into his fund-raising in the wake of the 2020 election, which was when most of Save America PAC’s funds were collected. Mr. Smith, the special counsel who brought charges last week against Mr. Trump related to his attempts to overturn the 2020 election, has also focused on whether Mr. Trump’s advisers knew he lost but solicited money from supporters anyway to fight baseless claims of widespread fraud.
Mr. Trump himself has begun to complain about the cases diverting his money….
Financially, Mr. Trump has an escape hatch that few other candidates have: his own bank accounts. But since winning the party’s nomination in 2016, he has resisted tapping his own funds, asking small contributors and big donors alike to pay for his political ambitions. Along the way, his committees have spent lavishly on his own properties, directing millions of dollars back to his businesses…..