Donald Trump

Donald Trump speaks during the Palm Beach County GOP Lincoln Day Dinner at the Mar-A-Lago Club on Sunday in Palm Beach, Fla. (Wilfredo Lee/Associated Press)

By Matea Gold and Anu Narayanswamy
March 20 at 10:35 PM
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Donald Trump put $6.9 million more of his personal money into his presidential campaign in February, significantly increasing his investment as he began racking up wins in the Republican presidential primary contest, new filings show.

Since he began his White House bid last year, the billionaire real estate developer has lent or given his campaign nearly $25 million, according to Federal Election Commission reports. Although he maintains that he is self-funding the effort, his supporters have contributed $9.5 million, including $2 million in February.

As Trump barreled through Iowa, New Hampshire and South Carolina, he raced through nearly $9.5 million, largely on media buys ($3.46 million), printing and design services ($1.1 million) and event production ($587,000). Trump campaign manager Corey Lewandowski’s New Hampshire-based consulting company was paid $75,000 for the month, including $25,000 the day after the Iowa caucuses.

The GOP front-runner’s overhead was much lower than that of his top remaining rival, Sen. Ted Cruz (Tex.). Cruz sped through $17.5 million in February, his costliest month so far, running down his cash reserves.

The senator raised $11.9 million last month, up from the $7.6 million his campaign collected in January. But Cruz entered March with $8 million in the bank, down from the $13.6 million he had at the beginning of February.

Campaign officials maintained that he has sufficient resources to carry him through the primary season.

“Strong cash position to fund campaign thru June 7th!” campaign manager Jeff Roe tweeted.

The third remaining Republican in the race, Ohio Gov. John Kasich, faces a more dire financial predicament. He pulled in only $3.4 million last month, leaving him with just $1.25 million as he headed into the March primary contests.

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