Republican presidential candidate Donald Trump speaks during a campaign event at the Orpheum Theatre in Sioux City, Iowa, Sunday, Jan. 31, 2016.
By Jeff Horwitz and Jack Gillum, Associated Press
Jan. 31, 2016, at 11:56 p.m.
- Trump’s personal loan accounted for much of his fundraising during the last few months.
WASHINGTON (AP) — Donald Trump’s campaign filings show the billionaire show the Republican front-runner spent just $6.8 million in the final three months of last year. The outlay is less than half of what Ted Cruz, his nearest rival in the polls, spent during the same period.
Early in his campaign, Trump said he was willing to spend $100 million of his own money to win the Republican nomination. But propelled by his ability to generate controversy and free media, the businessman turned presidential candidate has not needed to. His first advertisements ran in early January, and he’s spent relatively little on campaign staff and consultants.
In total, Trump took in $13.5 million in campaign funds. Most of that money came in the form of a $10.8 million personal loan from the candidate, though Trump also collected more than $2.6 million from individual donors. Trump has said that he is not soliciting funds from campaign donors, though Newsmax Media, which runs a conservative news site, pitched itself as the Trump campaign’s exclusive online fundraising firm this summer.
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