How Much Money Will Trump Spend on His Presidential Campaign in 2024?

Mar 30, 2024 View Original Article
  • Bias Rating

    34% Medium Conservative

  • Reliability

    75% ReliableGood

  • Policy Leaning

    76% Extremely Conservative

  • Politician Portrayal

    -7% Negative

Bias Score Analysis

The A.I. bias rating includes policy and politician portrayal leanings based on the author’s tone found in the article using machine learning. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral.

Sentiments

Overall Sentiment

8% Positive

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Bias Meter

Contributing sentiments towards policy:

55% : Net Worth: How Rich Is Former President Donald Trump?Check Out: 5 Genius Things All Wealthy People Do With Their MoneyBut how much will Trump spend in his mission to evict Joe Biden from the White House, reclaim his place in the Oval Office and become the first president since Grover Cleveland to win a second nonconsecutive term?GOBankingRates asked political finance and campaign experts to examine the likely cost of Trump's campaign as America lurches toward its first presidential rematch since 1956, when Dwight Eisenhower defeated Adlai Stevenson for the second time.
52% : Here's what the presidential hopefuls have spent in all six 21st-century contests, including all money spent by candidates, political parties and independent special interest groups:As you can see, the first showdown between Trump and Biden four years ago more than doubled the previous cycle's spending, but where does all the money go?Find Out: Here's How Much Every Living US President Is Worth: Where Does Biden Rank?What Do All Those Billions Buy?
51% : "But that's shaping up to be a much heavier lift for Trump in 2024 than it was in 2020.
47% : The Price of the PresidencyLike any modern presidential candidate, Trump will have to produce a mountain of cash to fund his campaign.
46% : How Much Money Will Trump Spend on His Presidential Campaign in 2024?
43% : The name Donald Trump has been synonymous with money for decades, but the former president's finances have never endured more scrutiny than today.
43% : Other cases and lawsuits with potentially huge penalties are on the horizon, interest is accruing daily on some judgments and if Trump can't or won't pay, authorities can seize and sell his properties and other assets in some cases.
37% : "But Trump does not have access to the same kind of cash or donor network today as he did four years ago.
36% : Even many die-hard supporters who were willing to spend their limited dollars to help Trump get elected balk at the prospect of paying a billionaire's lawyer bills.
35% : The AP reports that Trump took in less than $14 million in January -- a pittance by modern presidential campaign standards -- compared to Joe Biden's $42 million in the same period.
31% : "At the end of January, the Washington Post reported that Trump had spent $55 million in donor money not on his campaign, but on his legal bills.
21% : Total 2024 election cycle expenditures by the Trump campaign and outside organizations supporting Trump will come in at no more than $3 billion, making the 2024 Trump campaign a much less elaborate and expensive when adjusted for inflation than he had in 2020.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.

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