How Trump plowed through $1 billion, losing cash advantage
October 21, 2020
WASHINGTON - President Donald Trump's sprawling political operation has raised well over $1 billion since he took the White House in 2017 - and set a lot of it on fire.
Trump bought a $10 million Super Bowl ad when he didn't yet have a challenger. He tapped his political organization to cover exorbitant legal fees related to his impeachment. Aides made flashy displays of their newfound wealth - including a fleet of luxury vehicles purchased by Brad Parscale, his former campaign manager.
Meanwhile, a web of limited liability companies hid more than $356 million in spending from disclosure, records show.