How Much Money Was Hillary Clinton's Campaign
Trump Spent Far Less Than Clinton, but Paid His Companies Well
WASHINGTON — Donald J. Trump won the White House after spending a petty more than half of what Hillary Clinton did, using a combination of his own money and contributions from donors big and small to fuel a campaign that shattered the mod conventions of money and politics.
The figures for the final weeks of the campaign, released tardily Thursday, showed that Mr. Trump paid his own companies nearly $12 million over the course of the election — reimbursement for flights, hotel stays, meals and services for him and his staff members, as well as part space in the belfry he owns on Fifth Avenue in Manhattan. His preferred mode of transportation — his individual shipping — fabricated upward the largest chunk of money that went back into Trump entities, $8.vii million.
The figures also prove that Mr. Trump put in $65 million of his own greenbacks, well brusk of the $100 million he had originally promised he would spend on his campaign.
These unusual practices provide a glimpse of the kind of potential conflicts and upstanding issues that Mr. Trump will have to resolve as president. The wealthiest man ever elected president, Mr. Trump is already facing calls from regime ideals officials to sever ties to his vast real estate and financial holdings around the earth. He is resisting so far, raising the possibility that he could enter role with a virtually unknowable number of personal entanglements that is without precedent.
Over all, Mr. Trump raised far less money than Mrs. Clinton did, though the disparity — like the race itself — closed at the end of the entrada. The Clinton campaign brought in $lxx meg from October. twenty to Nov. 28, compared with $86 1000000 for the Trump campaign, of which $10 million came from Mr. Trump's ain pocket.
The combined figures, which include what each campaign and its exterior allies raised, reinforce but how piffling money seemed to matter in this election. Mrs. Clinton and her allies took in nearly $1 billion; Mr. Trump and the groups working on his behalf raised merely about $600 one thousand thousand.
Sustained at times past little more a Twitter account, his ain coin and extensive news media coverage, Mr. Trump relied far less on the traditional tools of campaigning. Mrs. Clinton'due south campaign was more dependent on boob tube advert, spending hundreds of millions of dollars on almost relentlessly negative attacks.
At a time when every presidential election promises to obliterate spending records, 2016 was an exception. Both candidates spent significantly less than their counterparts did in 2012. Mrs. Clinton'southward total expenses were $565 million, compared with $775 million for President Obama; Mr. Trump spent $322 1000000, while Mitt Romney, the Republican nominee that year, spent $460 one thousand thousand.
Mrs. Clinton closed with under $1 1000000 in the bank, much less than the $7 million remaining for the Trump campaign.
Though Mr. Trump would ofttimes brag that he was financing his own campaign, that was but partially true. The new disclosures prove that nearly 80 per centum of the money his campaign brought in came from donors.
The disclosures also undercut another theme that was central to Mr. Trump's appeal every bit an antipolitician — his insistence that he would non favor wealthy donors and powerful interests if elected.
Some of his loftier-level nominees, who include millionaires and billionaires, made big donations to his campaign or to "super PACs" supporting him. For example, Linda McMahon, the professional person wrestling mogul whom Mr. Trump has chosen to atomic number 82 the Small Business organisation Administration, donated $7 million to two pro-Trump groups. The records as well show that the men he intends to nominate for his secretaries of Labor, Treasury and Commerce all fabricated six-figure contributions to his campaign, the Republican National Committee or another group supporting him.
Still, Mr. Trump'south campaign likewise benefited from a far-reaching network of ordinary Americans who gave small-scale amounts of money, an analogy of his powerful grass-roots entreatment. Lx-five per centum of the amount donors gave directly to his entrada came from people who donated $200 or less.
The financial fortunes of the political parties are besides reflected in the outcome of the campaign, with Democrats in worse shape than Republicans every bit they head into 2017. The Democratic National Committee reported having $thirteen 1000000 on hand and $2 million in debt. The Republican National Committee has $21 million on mitt and no debt.
The figures also showed the extent to which the Republican National Committee benefited from its fiscal system with Mr. Trump, who despite being a drag on the party'due south finances early on on ended up helping to rescue it. The committee kept a slice of the money it had raised with Mr. Trump through two joint fund-raising committees, helping to pay off $seven meg in debt and leaving it in much better fiscal condition than at the showtime of the campaign.
Source: https://www.nytimes.com/2016/12/09/us/politics/campaign-spending-donald-trump-hillary-clinton.html
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