Donald Trump did not have his first fundraiser until the end of May. And even with that fundraiser, he closed out May with only $1.2 million cash on hand.
Looking at Trump’s cash flow over the preceding months, it seems more likely than not that by the time he hit June 15th, Trump was looking at only six figures in his campaign account.
We know that Trump has been paying himself out of the campaign coffers.
We know that Trump has been paying big salaries to top staff.
We know that Trump has been reimbursing his children for travel costs and also paying his own businesses exorbitant fees.
And we also know that Trump hit June and suddenly stopped traveling around the country. He stayed stationary in New York. He curtailed the number of rides on his 757, just as Hillary Clinton started ramping up her tours to swing states.
This past weekend it looks like Trump raised several million dollars and the RNC joint fundraising committee brought in $5 million this week.
But it seems very likely, given both Trump’s burn rate and his sudden cessation of major trips that he headed toward mid-June with less than $1 million in the bank. He only had $1.2 million to begin with.
This is going to be a disaster.