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Donald Trump offers to pay off Democratic Party’s campaign debt

10 November 2024 14:37

Donald Trump, the victor of the US election, has proposed paying off the Democratic Party’s campaign debt.

In a social media post, Trump expressed his surprise that the Democrats didn't have lots of dollars left over, Caliber.Az reports referring to foreing media sources.

"I am very surprised that the Democrats, who fought a hard and valiant fight in the 2020 Presidential Election, raising a record amount of money, didn't have lots of dollars left over. Now they are being squeezed by vendors and others. Whatever we can do to help them during this difficult period, I would strongly recommend we, as a Party and for the sake of desperately needed UNITY, do. We have a lot of money left over in that our biggest asset in the campaign was Earned Media, and that doesn't cost very much. MAKE AMERICA GREAT AGAIN!" Trump wrote.

Earlier, California-based Politico reporter Christopher Cadelago shared on X, citing sources, that Vice President Kamala Harris’ campaign ended with at least $20 million in debt. Harris was able to raise over $1 billion in total, with $118 million remaining in her account as of October 16.

A former staffer from President Joe Biden's administration, speaking with Axios, questioned, "How could you spend $1 billion and not win?"

In late September, The Wall Street Journal compared the campaign spending between Trump's and Harris’ teams. At that time, Harris’ spending, alongside Biden’s, had totalled more than $743 billion, while Trump’s amounted to over $426 billion. The largest portion of both campaigns' spending was for advertising and mailings.

Trump’s campaign received significant support from the world’s richest man, Elon Musk (net worth according to Forbes: $304 billion). Following the Republican victory, Musk’s Tesla shares surged, adding more than $15 billion to his wealth. The New York Times reported that Musk contributed around $120 million to Trump-supporting super PAC America PAC, with part of the funds going to $1 million donations to random voters who signed a petition supporting ‘free speech and the right to bear arms.’

According to the latest figures, Trump secured 50.4% of the vote, while Harris garnered 47.9%. However, Trump holds a significant lead in the number of electoral votes that will determine the president on December 17: Trump has 312 votes, while Harris has 226. A candidate needs 270 electoral votes to win.

Meanwhile, Democratic state governors and attorneys general are preparing for "Resistance 2.0" against President-elect Donald Trump. According to CNN, these officials plan to intensify legal battles and introduce new laws to challenge Trump’s policies.

"Democratic governors and attorneys general (of Democratic states - ed.) are beginning to create Resistance 2.0, making tough statements and promising new laws and court battles (to Trump - ed.)," the report stated.

Democratic politicians are working to shield their states from the conservative policies they expect Trump to implement. CNN reported that California Governor Gavin Newsom has already stated he will call a special session of state lawmakers later this year to protect progressive policies in the state, such as abortion rights and climate change initiatives, from Trump’s administration.

Newsom isn’t alone; other Democratic governors in states like Illinois, Massachusetts, and New York are also preparing to launch legal and political battles against Trump’s policies.

By Tamilla Hasanova

Caliber.Az
Views: 1234

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