Purses being opened.
Cash-strapped Trump campaign awaits a bailout from big donors
Preserve America, a new super PAC backing the president, is planning another $25 million ad blitz attacking Joe Biden.
www.politico.com/news/2020/09/17/gop-donors-rush-to-rescue-trump-417364
The outside group, which is expected to draw funding from prolific GOP givers including Las Vegas casino mogul Sheldon Adelson and Home Depot co-founder Bernie Marcus, is rushing to fill the void. Starting late this week, the super PAC will begin airing ads in seven states, including some where Trump is being badly outspent.
With Trump’s once-formidable cash advantage over Biden erased, the president’s advisers remain deeply concerned about the air war. While Preserve America has dished out $55 million this month alone — already making it one of the highest-spending outside groups this election year — the sum pales in comparison to the $100 million, pro-Biden assault that billionaire former New York City Mayor Michael Bloomberg is prepping in just Florida alone. And in August, the Biden campaign and affiliated committees outraised Trump by $154 million.
“If the Democrat message drowns out all the Republican message on TV that could make a huge difference,” said Club for Growth President David McIntosh, whose group has been running TV ads bolstering Trump. “You have to stay in the game at least.”
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The super PAC is steered by Chris LaCivita, a Republican strategist who orchestrated the 2004 Swift Boat Veterans for Truth attack ad campaign against John Kerry. Like the Swift Boat commercials, the Preserve America spots feature scorching attacks delivered in the form of direct-to-camera testimonials. Rather than propping up Trump, they are focused squarely on tearing down Biden.
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Trump is also getting support from the America First Action super PAC, which recently announced plans to invest $40 million on advertising, an amount that officials say will increase as the election draws closer.
Nathan Klein, a top America First Action official who is overseeing the spending, said the organization was looking to invest in states where the Trump campaign was absent, thereby allowing the reelection effort to focus elsewhere. He pointed to Pennsylvania, where Trump was off the air in August but where the super PAC invested millions of dollars.