NZ Herald
  • Home
  • Latest news
  • Herald NOW
  • Video
  • New Zealand
  • Sport
  • World
  • Business
  • Entertainment
  • Podcasts
  • Quizzes
  • Opinion
  • Lifestyle
  • Travel
  • Viva
  • Weather

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • New Zealand
    • All New Zealand
    • Crime
    • Politics
    • Education
    • Open Justice
    • Scam Update
  • Herald NOW
  • On The Up
  • World
    • All World
    • Australia
    • Asia
    • UK
    • United States
    • Middle East
    • Europe
    • Pacific
  • Business
    • All Business
    • MarketsSharesCurrencyCommoditiesStock TakesCrypto
    • Markets with Madison
    • Media Insider
    • Business analysis
    • Personal financeKiwiSaverInterest ratesTaxInvestment
    • EconomyInflationGDPOfficial cash rateEmployment
    • Small business
    • Business reportsMood of the BoardroomProject AucklandSustainable business and financeCapital markets reportAgribusiness reportInfrastructure reportDynamic business
    • Deloitte Top 200 Awards
    • CompaniesAged CareAgribusinessAirlinesBanking and financeConstructionEnergyFreight and logisticsHealthcareManufacturingMedia and MarketingRetailTelecommunicationsTourism
  • Opinion
    • All Opinion
    • Analysis
    • Editorials
    • Business analysis
    • Premium opinion
    • Letters to the editor
  • Politics
  • Sport
    • All Sport
    • OlympicsParalympics
    • RugbySuper RugbyNPCAll BlacksBlack FernsRugby sevensSchool rugby
    • CricketBlack CapsWhite Ferns
    • Racing
    • NetballSilver Ferns
    • LeagueWarriorsNRL
    • FootballWellington PhoenixAuckland FCAll WhitesFootball FernsEnglish Premier League
    • GolfNZ Open
    • MotorsportFormula 1
    • Boxing
    • UFC
    • BasketballNBABreakersTall BlacksTall Ferns
    • Tennis
    • Cycling
    • Athletics
    • SailingAmerica's CupSailGP
    • Rowing
  • Lifestyle
    • All Lifestyle
    • Viva - Food, fashion & beauty
    • Society Insider
    • Royals
    • Sex & relationships
    • Food & drinkRecipesRecipe collectionsRestaurant reviewsRestaurant bookings
    • Health & wellbeing
    • Fashion & beauty
    • Pets & animals
    • The Selection - Shop the trendsShop fashionShop beautyShop entertainmentShop giftsShop home & living
    • Milford's Investing Place
  • Entertainment
    • All Entertainment
    • TV
    • MoviesMovie reviews
    • MusicMusic reviews
    • BooksBook reviews
    • Culture
    • ReviewsBook reviewsMovie reviewsMusic reviewsRestaurant reviews
  • Travel
    • All Travel
    • News
    • New ZealandNorthlandAucklandWellingtonCanterburyOtago / QueenstownNelson-TasmanBest NZ beaches
    • International travelAustraliaPacific IslandsEuropeUKUSAAfricaAsia
    • Rail holidays
    • Cruise holidays
    • Ski holidays
    • Luxury travel
    • Adventure travel
  • Kāhu Māori news
  • Environment
    • All Environment
    • Our Green Future
  • Talanoa Pacific news
  • Property
    • All Property
    • Property Insider
    • Interest rates tracker
    • Residential property listings
    • Commercial property listings
  • Health
  • Technology
    • All Technology
    • AI
    • Social media
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
    • Opinion
    • Audio & podcasts
  • Weather forecasts
    • All Weather forecasts
    • Kaitaia
    • Whangārei
    • Dargaville
    • Auckland
    • Thames
    • Tauranga
    • Hamilton
    • Whakatāne
    • Rotorua
    • Tokoroa
    • Te Kuiti
    • Taumaranui
    • Taupō
    • Gisborne
    • New Plymouth
    • Napier
    • Hastings
    • Dannevirke
    • Whanganui
    • Palmerston North
    • Levin
    • Paraparaumu
    • Masterton
    • Wellington
    • Motueka
    • Nelson
    • Blenheim
    • Westport
    • Reefton
    • Kaikōura
    • Greymouth
    • Hokitika
    • Christchurch
    • Ashburton
    • Timaru
    • Wānaka
    • Oamaru
    • Queenstown
    • Dunedin
    • Gore
    • Invercargill
  • Meet the journalists
  • Promotions & competitions
  • OneRoof property listings
  • Driven car news

Puzzles & Quizzes

  • Puzzles
    • All Puzzles
    • Sudoku
    • Code Cracker
    • Crosswords
    • Cryptic crossword
    • Wordsearch
  • Quizzes
    • All Quizzes
    • Morning quiz
    • Afternoon quiz
    • Sports quiz

Regions

  • Northland
    • All Northland
    • Far North
    • Kaitaia
    • Kerikeri
    • Kaikohe
    • Bay of Islands
    • Whangarei
    • Dargaville
    • Kaipara
    • Mangawhai
  • Auckland
  • Waikato
    • All Waikato
    • Hamilton
    • Coromandel & Hauraki
    • Matamata & Piako
    • Cambridge
    • Te Awamutu
    • Tokoroa & South Waikato
    • Taupō & Tūrangi
  • Bay of Plenty
    • All Bay of Plenty
    • Katikati
    • Tauranga
    • Mount Maunganui
    • Pāpāmoa
    • Te Puke
    • Whakatāne
  • Rotorua
  • Hawke's Bay
    • All Hawke's Bay
    • Napier
    • Hastings
    • Havelock North
    • Central Hawke's Bay
    • Wairoa
  • Taranaki
    • All Taranaki
    • Stratford
    • New Plymouth
    • Hāwera
  • Manawatū - Whanganui
    • All Manawatū - Whanganui
    • Whanganui
    • Palmerston North
    • Manawatū
    • Tararua
    • Horowhenua
  • Wellington
    • All Wellington
    • Kapiti
    • Wairarapa
    • Upper Hutt
    • Lower Hutt
  • Nelson & Tasman
    • All Nelson & Tasman
    • Motueka
    • Nelson
    • Tasman
  • Marlborough
  • West Coast
  • Canterbury
    • All Canterbury
    • Kaikōura
    • Christchurch
    • Ashburton
    • Timaru
  • Otago
    • All Otago
    • Oamaru
    • Dunedin
    • Balclutha
    • Alexandra
    • Queenstown
    • Wanaka
  • Southland
    • All Southland
    • Invercargill
    • Gore
    • Stewart Island
  • Gisborne

Media

  • Video
    • All Video
    • NZ news video
    • Herald NOW
    • Business news video
    • Politics news video
    • Sport video
    • World news video
    • Lifestyle video
    • Entertainment video
    • Travel video
    • Markets with Madison
    • Kea Kids news
  • Podcasts
    • All Podcasts
    • The Front Page
    • On the Tiles
    • Ask me Anything
    • The Little Things
    • Cooking the Books
  • Cartoons
  • Photo galleries
  • Today's Paper - E-editions
  • Photo sales
  • Classifieds

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / World

#TrumpSoPoor: Donald Trump's campaign has just $1.3 million in the bank

news.com.au
21 Jun, 2016 06:46 PM4 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

Donald Trump's campaign has just $US1.3 million in the bank, tens of millions of dollars less than rival Hillary Clinton. Source: CNN

Donald Trump faces a staggering money deficit as he enters the general election campaign, with tens of millions of dollars less than rival Hillary Clinton, according to a new report.

Trump's campaign entered the month of June with just $US1.3 million in the bank, compared with Clinton's $US42 million ($A56 million), according to a monthly financial report filed with the Federal Election Commission on Monday night.

To put Trump's paltry figures in context, it is less than the $US1.8 million Ben Carson's campaign still has left. (The former Republican presidential candidate dropped out of the race in March.)

The presumptive GOP nominee loaned his campaign $US2.2 million in May and collected just $3.1 million in donations, records show.

By contrast, Clinton continued to stockpile money. The presumptive Democratic nominee raised more than $26 million in May. Priorities USA Action (the super PAC backing her) brought in $12.1 million. The group had $51.9 million on hand at the end of May, a spokesperson said.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

Trump also has a super PAC benefiting him, which has only $500,000 in the bank. Two remaining pro-Trump groups are yet to disclose their fundraising position, but will do so next month.

The Clinton campaign - with around 700 members of staff, compared to Trump's 70 - is planning to spend $117 million between now and Election Day on an onslaught of television advertising.

The New York Times described Trump's deficit as "the worst financial and organisational disadvantage of any major party nominee in recent history".

Advertisement
Advertise with NZME.

Presumptive nominee Mitt Romney also had a money deficit when he raced against Obama in 2012, however Romney's campaign raised millions more than Trump during the same period.

Trump appeared to dismiss any fundraising concerns on Tuesday morning, telling NBC's Today he is willing to "do what I did in the primaries".

"I spent $55 million of my own money to win the primaries. Fifty-five, that's a lot of money by even any standard," Trump said. "I may do that again in the general election."

The real estate mogul, who has loaned his campaign about $46 million since launching last year, added that he has "a lot of cash" but said that "it would be nice to have some help" from the party. "I'm having more difficulty with some people in the party than I have with the Democrats," he said.

Discover more

World

Trump fires campaign manager

20 Jun 05:51 PM
World

Party critics plot Trump's downfall

21 Jun 05:00 PM

Trump's senior adviser, Tana Goertz, said she was not concerned. "Guess what - Mr. Trump is a billionaire," she told CNN on Monday. "Money is not a problem."

His campaign spokesperson Hope Hicks also denied there were any money issues prior to the report being released: "There are no fundraising concerns whatsoever. The money is pouring in, and Mr. Trump has received tremendous support," the 27-year-old said via an email last week.

After Trump's campaign cash crisis was revealed, Twitter users were quick to mock the billionaire businessman, and it wasn't long before the hashtag #TrumpSoPoor began trending.

#TrumpSoPoor he's still going to build the wall but now it's going to be made of popsicle sticks

— The Tweetslinger (@DALLASNITES) June 21, 2016

#TrumpSoPoor his real hair left him today pic.twitter.com/LTmEcMefOE

— Fight 4What's Right (@DRocks777) June 21, 2016

#TrumpSoPoor he'll have to tan with ramen chicken flavor packets

— Charlotte A. Cavatica (@cavaticat) June 21, 2016

#TrumpSoPoor he can no longer afford exclamation points. Sad.

— Michael McDonald (@ElectProject) June 21, 2016

#TrumpSoPoor even his fact check bounced

— Andrew Tumilty (@AndrewTumilty) June 21, 2016

#TrumpSoPoor his next trophy wife will be from Mexico.

— Rick Wilson (@TheRickWilson) June 21, 2016

#TrumpSoPoor this is his newest hotel. Drumph Towers pic.twitter.com/cTPcUSwH15

— Vagina Power (@d_evilpagan) June 21, 2016

The financial report was filed just hours after Trump sacked his hard-charging campaign manager, Corey Lewandowski, amid concerns among allies and donors about his ability to run a competitive race. It's thought the dramatic shake-up is designed to calm panicked Republican leaders after a tumultuous period, marked by infighting and rumours.

"The campaign is grateful to Corey for his hard work and dedication and we wish him the best in the future," a statement read.

Save

    Share this article

Latest from World

World

Ukraine launches massive drone attack on Russia, 296 shot down

28 May 07:27 AM
World

‘No sign of respite’: Climate report warns of economic, environmental impact

28 May 06:48 AM
World

'Very dangerous': North Korea's strong rebuke of US defence plan

28 May 05:16 AM

Gold demand soars amid global turmoil

sponsored
Advertisement
Advertise with NZME.

Latest from World

Ukraine launches massive drone attack on Russia, 296 shot down

Ukraine launches massive drone attack on Russia, 296 shot down

28 May 07:27 AM

Of those, officials say 42 drones were shot down over the Moscow region.

‘No sign of respite’: Climate report warns of economic, environmental impact

‘No sign of respite’: Climate report warns of economic, environmental impact

28 May 06:48 AM
'Very dangerous': North Korea's strong rebuke of US defence plan

'Very dangerous': North Korea's strong rebuke of US defence plan

28 May 05:16 AM
Premium
How a day of football celebrations turned to chaos in Liverpool

How a day of football celebrations turned to chaos in Liverpool

28 May 05:00 AM
Explore the hidden gems of NSW
sponsored

Explore the hidden gems of NSW

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • What the Actual
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven CarGuide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP