Trump and RNC Facing Massive Fundraising Gap

Donald Trump is scrambling to catch up to President Joe Biden's massive fundraising advantage with just eight months until the election.

The Republican National Committee has just $40 million in the bank compared to the $130 million Democratic operations had last month.

The huge gap in funding is steadily growing as Democrats open their wallets to support Biden's campaign to hold the White House.

Democrats raised more than $10 million in the 24 hours after the State of the Union last Thursday, far higher than Trump's biggest day where he raised $4.2 million after his mugshot in the Georgia election fraud case was released.

Additionally, the Service Employees International Union planned to spend $200 million to convince working class Americans to vote for Biden and other Democrats.

Trump is trying to close the gap by schmoozing as many rich donors as he can, entertaining at Mar-a-Lago three nights a week,

Struggling to attract new rich donors, Trump's team is asking those who already pledged seven-figure sums to up their contributions to more than $10 million,

'He (Trump) understands the one advantage the Biden campaign has is financial resources... and he understands we need to do all we can to negate that,' Republican lobbyist Brian Ballard said.

A big part of the problem is donors fear their cash will be siphoned into paying Trump's mounting legal bills and court judgements.

He has been using his Save America PAC to pay the legal fees, but that fund is almost empty and he will soon have to find other avenues to pay his bills.

Trump's advisers insisted RNC funds would not be used to pay his personal expenses, but his PACs are another matter.

Many potential donors are also hesitant to contribute after receiving blowback for supporting the controversial candidate in 2016.

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