LF: Donations welcome: The Donald will now accept checks of up to $450,000 as he inks joint agreement with Republican Party

Title: Donations welcome: The Donald will now accept checks of up to $450,000 as he inks joint agreement with Republican Party
Source: Daily Mail Online
URL Source: http://www.dailymail.co.uk/news/art ... greement-Republican-Party.html
Published: May 18, 2016
Author: Geoff Earle
Post Date: 2016-05-18 23:16:02 by cranky
Keywords: None
Views: 1679
Comments: 6

People who want to put Donald Trump in the White House and elect Republicans down the ballot can now write a check for $449,400 under a new joint agreement announced by the Trump campaign and the Republican National Committee.

Trump and the Republican Party created two separate entities. One of them, Trump Victory, is a joint committee representing Trump, the GOP, and 11 state parties.

The other, called 'The Trump Make America Great Again Committee,' is a joint fundraising committee between Trump's campaign and the RNC.

'We are pleased to have this partnership in place with the national party. By working together with the RNC to raise support for Republicans everywhere, we are going to defeat Hillary Clinton, keep Republican majorities in Congress and in the states, and Make America Great Again,' Trump said in a statement.

RNC chairman Reince Preibus said the party would use the funds to 'expand the robust ground, data, and digital operation we have in place to elect Republicans up and down the ballot.'

'Donald Trump knows the importance of keeping our Republican majorities at the local, state, and national level, and these joint fundraising agreements are another vital step in making that happen,' Priebus continued. 'Donald Trump has received millions more votes than any candidate in the history of the Republican Party and we are confident that will carry forward into the general election.'

Hillary Clinton's joint fundraising committee with the Democratic Party allows big donors to cut checks for $356,100. Trump's solicitation is the largest ever sought by a joint committee, according to The Washington Post. Clinton's joint committee has already raised $60 million.

Trump used his fundraising to distinguish himself from other primary opponents. 'I'm using my own money. I'm not using the lobbyists. I'm not using donors. I don't care,' he said in June. 'I'm really rich.'

He loaned his campaign $38 million through the end of March, although he is allowed to pay himself back.

Trump reflected on his fundraising strategy on MSNBC this month: ''Do I want to sell a couple of buildings and self-fund? I don't know that I want to do that necessarily, but I really won't be asking for money for myself; I'll be asking money for the party,' he said.

In fact under the agreement, some funds will go to Trump's campaign.

The agreement allows Trump to hit up some of the mega-donors that participate in a political system Trump has ripped as 'rigged.'

The normal contribution to Trump's election campaign is capped at $2,700 per person.

p class="mol-para-with-font">It should allow Trump to quickly plow funds into his and the RNC's coffers, although are there limitations on how the money can be spent.

Democrat Hillary Clinton already raised $213 million for her campaign through the end of the year.

The state parties participating in the joint victory committee are Arkansas, Connecticut, Louisiana, Mississippi, New Jersey, New York, South Carolina, Tennessee, Virginia, West Virginia, and Wyoming.

The new Trump Victory committee will be headed by RNC Finance chair Lew Eisenberg. He will work closely with Trump's new campaign finance chair Steven Mnuchin, who cut his teeth on Wall Street at the Goldman Sachs investment firm.

'Lew Eisenberg is going to do an outstanding job leading this effort,' said Chairman Priebus. Eisenberg helped the RNC raise $135 million this election cycle.

He even hinted in a interview I saw on tv yesterday when he made the "If I decide to step down" statement. "Step down" might not have been the actual phrase. It could have been "choose to not run",but the final outcome would be the same.

By the time he finishes billing the campaign for expenses,he would have another half-billion dollars.

I still don't think the rnc will back Trump but it sure likes like they're coming around.

Well,they are greedy bastards by nature,and Trump is probably telling them he will cut them in on the deals.