Trump campaign spent more than it gained in January as concerns that RNC will front legal costs stir

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Former President Donald Trump’s presidential campaign spent more than it raised in the first month of 2024 by more than $2 million.

The campaign’s burn rate in January was revealed soon after Trump’s preferred selection for new co-chairwoman of the Republican National Committee, daughter-in-law Lara Trump, said she would spend “every single penny” to elect him at the already financially struggling party apparatus — raising concerns that the organization will resume fronting the GOP front-runner’s legal bills should he become the party’s nominee.

According to a new Federal Election Commission filing, Trump’s campaign pulled in $8.8 million in January. However, he spent $11.4 million. Going into the month, the former president boasted a war chest of $33 million in cash on hand. By the end of January, it had fallen to $30.4 million.

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