How Much Money Did Hillary Clinton Raise In The 2016 Presidential Campaign
Trump Spent Far Less Than Clinton, but Paid His Companies Well
WASHINGTON — Donald J. Trump won the White House afterward spending a niggling more than half of what Hillary Clinton did, using a combination of his own coin and contributions from donors big and small to fuel a entrada that shattered the modern conventions of money and politics.
The figures for the last weeks of the campaign, released late Th, showed that Mr. Trump paid his ain companies almost $12 million over the course of the election — reimbursement for flights, hotel stays, meals and services for him and his staff members, as well every bit office space in the tower he owns on Fifth Avenue in Manhattan. His preferred manner of transportation — his private shipping — fabricated upward the largest chunk of money that went back into Trump entities, $viii.7 million.
The figures also show that Mr. Trump put in $65 million of his own cash, well short 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 bug that Mr. Trump will accept to resolve as president. The wealthiest human e'er elected president, Mr. Trump is already facing calls from government ethics officials to sever ties to his vast real estate and fiscal holdings around the world. He is resisting so far, raising the possibility that he could enter office with a well-nigh 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 campaign. The Clinton entrada brought in $70 million from Oct. xx to Nov. 28, compared with $86 million for the Trump campaign, of which $ten million came from Mr. Trump's own pocket.
The combined figures, which include what each campaign and its exterior allies raised, reinforce just how footling money seemed to matter in this ballot. Mrs. Clinton and her allies took in about $one billion; Mr. Trump and the groups working on his behalf raised merely about $600 one thousand thousand.
Sustained at times by fiddling more than a Twitter business relationship, his own money and extensive news media coverage, Mr. Trump relied far less on the traditional tools of candidature. Mrs. Clinton's campaign was more dependent on idiot box advertising, spending hundreds of millions of dollars on almost relentlessly negative attacks.
At a time when every presidential ballot promises to obliterate spending records, 2016 was an exception. Both candidates spent significantly less than their counterparts did in 2012. Mrs. Clinton's total expenses were $565 million, compared with $775 meg for President Obama; Mr. Trump spent $322 1000000, while Manus Romney, the Republican nominee that year, spent $460 million.
Mrs. Clinton closed with under $1 meg in the banking company, much less than the $7 1000000 remaining for the Trump campaign.
Though Mr. Trump would often brag that he was financing his own campaign, that was simply partially true. The new disclosures show that nigh fourscore pct of the money his campaign brought in came from donors.
The disclosures also undercut another theme that was cardinal to Mr. Trump's entreatment equally an antipolitician — his insistence that he would not favor wealthy donors and powerful interests if elected.
Some of his high-level nominees, who include millionaires and billionaires, made large donations to his campaign or to "super PACs" supporting him. For instance, Linda McMahon, the professional wrestling mogul whom Mr. Trump has chosen to lead the Pocket-sized Business Assistants, donated $vii million to ii pro-Trump groups. The records also show that the men he intends to nominate for his secretaries of Labor, Treasury and Commerce all fabricated six-effigy contributions to his entrada, the Republican National Committee or another grouping supporting him.
Still, Mr. Trump'due south campaign also benefited from a far-reaching network of ordinary Americans who gave small amounts of money, an illustration of his powerful grass-roots appeal. Sixty-five percent of the corporeality donors gave direct to his campaign came from people who donated $200 or less.
The financial fortunes of the political parties are likewise reflected in the outcome of the campaign, with Democrats in worse shape than Republicans as they head into 2017. The Autonomous National Committee reported having $thirteen one thousand thousand on hand and $ii million in debt. The Republican National Committee has $21 meg on hand and no debt.
The figures also showed the extent to which the Republican National Committee benefited from its financial organisation with Mr. Trump, who despite being a elevate on the party's finances early on ended up helping to rescue it. The committee kept a slice of the coin it had raised with Mr. Trump through two joint fund-raising committees, helping to pay off $vii million in debt and leaving it in much better financial condition than at the starting time of the campaign.
Source: https://www.nytimes.com/2016/12/09/us/politics/campaign-spending-donald-trump-hillary-clinton.html
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