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Donald Trump is poised to break President Biden's single-event fundraising record with a lavish $50 million dinner on Saturday.
This will have a strong impact on the Republican Party's campaign budget seven months before the election.
John Paulson's Palm Beach mansion, near Trump's Mar-a-Lago estate, will host a private evening fundraiser that will double the $25 million raised by Joe Biden's March 28 event at Radio City, according to organizers. Will happen.
Report: Melania Trump to return to campaign trail for fundraising event at Mar-a-Lago @GatewayPandit https://t.co/HYjRwEVYXp
– Gateway Pundit (@gatewaypundit) 6 April 2024
New York Post reports,
“It took three Democrat presidents to raise $25 million and one president, Donald J. Trump, to raise more than $50 million,” campaign spokeswoman Danielle Alvarez told The Post.
“This data shows that the Republican Party is united behind President Trump to defeat Joe Biden and no one is staying on the sidelines,” he said.
Paulson said the response from GOP megadonors “has been tremendous.”
“There is massive support among a broad spectrum of donors,” the billionaire said.
Insiders close to Trump are hailing the upcoming “inaugural leadership dinner” as an important “Comeback to Trump” event. The event will mark the GOP's major fundraiser since Trump clinched the Republican nomination.
In this case, this is an ideal opportunity for leading Republicans to proudly display their unwavering support during the upcoming heated primary season.
Trump has enlisted the help of three former GOP rivals, Indian Congressman Vivek Ramaswamy, South Carolina Senator Tim Scott and North Dakota Governor Doug Burgum.
All three will attend the private fundraiser as special guests.
Guests will include WWE co-founder Linda McMahon, hotelier Steve Wynn, former senator Kelly Loeffler and hedge fund billionaire Robert Mercer.
A joint fundraising agreement with the Republican National Committee will send most of the ticket price to the RNC and state Republican parties — with the first $6,600 going to the former president's campaign and the next $5,000 to a leadership PAC that is paying his legal bills. . ,
According to another report from the New York Post, the GOP announced Wednesday that it raised more than $65.6 million in March, and finished the month with more than $91.3 million in cash.
Donald Trump's presidential campaign and the Republican National Committee — working together for the first time in 2024 — raised more than $65.6 million in March and ended the month with more than $91.3 million in cash, the GOP announced Wednesday.
The record numbers for the campaign may ease some concerns among Trump supporters, as the presumptive Republican nominee faces an uphill battle to match President Biden's funding and deal with his own mounting legal bills.
The Trump team is also set to host a mega fundraiser in Palm Beach this weekend that is expected to bring in an additional $33 million.
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