Look out, Democrats: a Donald Trump comeback is beginning to look like a very distinct possibility.
If there were any doubts that Trump remains a dominant force in American politics, the Donald has a staggering $124 million in campaign cash on hand — and raised $19 million in the first quarter of this year alone, Fox News reported.
Massive war chest
The financial strength of Trump’s political machine belies the confident assertions of Trump’s detractors that his grip on the GOP and the nation’s political imagination has weakened since he left office.
The donations came primarily from small-dollar donors, reflecting Trump’s enduring popularity with the conservative base. 98 percent of the donations were less than $200. The cash is split between three groups: Save America PAC, Save America JFC, and MAGA PAC.
“President Donald J. Trump’s political organizations are positioned to carry his America First message into battleground races across the nation,” Taylor Budowich, communications director for the former president and the Save America PAC, said.
Trump’s war chest saw a net increase of $2 million so far this year, Fox reported, as his committees dole out cash on payroll, Trump’s rallies, and other expenses.
It’s unclear how Trump plans to spend the rest of the money. As the midterms near, he is waging a two-front war on Democrats and “RINOs” in the Republican party, and he has repeatedly hinted at running for president in 2024.
Democrats’ worst nightmare?
So far, Trump has made only one significant donation this cycle: a $500,000 check to unseat Georgia’s Republican governor Brian Kemp, whose refusal to challenge the 2020 election results angered Trump.
Some have questioned whether Trump is withholding cash for a presidential bid, while others, like Trump ally Steve Bannon, have called on Trump to spend more to defeat the Republican establishment in the primaries.
Trump has been giving his coveted endorsement to “America First” candidates as primary season heats up, and he is campaigning for the Republicans almost every weekend with his signature MAGA rallies.
The former president has delighted in the collapse of his chief political rival, Joe Biden. According to numerous polls, Trump would beat Biden if the 2024 election were held today.
Trump is keeping his options open, Budowich said — noting that Trump is “incredibly well-positioned to look beyond November as the need for his leadership has never been more important.” No doubt many Americans agree.