Thursday 24 November 2016

Is president-elect Donald J Trump likely to enter the White House with a large personal debt?


He may be a single digit billionaire but this is not the sort of money U.S. president-elect Donald J. Trump can expect to find down the back of one of his Fifth Avenue sofas – so where will the US$47.5 million come from to pay back these loans declared below?

Did he borrow from his own companies to help fund his election campaign or did he borrow elsewhere?

Will he go the way of many a suspect politician and decide to quietly 'sell' petitioners access to himself as president after 20 January 2017? After all, Trump obviously sees himself as a businessman first and a president second.


Campaign contributions to DONALD J. TRUMP FOR PRESIDENT, INC. from individuals totaled US$85,958,458 and Donald Trump’s own contribution was an additional US$8,599,568.

US$47,508,505 of his campaign funding was money he borrowed or loans which he has guaranteed, with candidate loan repayments to date totaling zero.

Total receipts were US$254,946,267.78 and total disbursements US$238,951,814.21 (specific outlays listed here).

Cash on hand as of 19 October 2016 was US$15,994,454.

Donald J. Trump For President, Inc. owes US$2,086,572 and to date has had to refund contributions totaling US$406,776. As of 20 November the US Federal Election Commission has notified the campaign treasurer that there have been potential violations of electoral law totaling tens of thousands of dollars in excessive, prohibited and impermissable contributions which are required to be refunded to contributors.


Political donations to the Trump campaign by state
STATE
SUM
Alaska
  24,726.00
Alabama
  100,475.00
Arkansas
  41,311.00
Arizona
  128,119.00
California
  528,053.00
Colorado
  97,902.00
Connecticut
  51,435.00
District of Columbia
  11,200.00
Delaware
  14,650.00
Florida
  518,009.75
Georgia
  179,845.96
Hawaii
  15,434.00
Iowa
  54,717.00
Idaho
  24,212.00
Illinois
  142,379.38
Indiana
  60,830.00
Kansas
  53,343.00
Kentucky
  52,057.00
Louisiana
  98,470.00
Massachusetts
  82,895.00
Maryland
  78,154.98
Maine
  12,674.00
Michigan
  141,878.00
Minnesota
  44,339.00
Missouri
  70,822.00
Mississippi
  38,400.00
Montana
  16,224.00
North Carolina
  114,228.00
North Dakota
  15,542.00
Nebraska
  27,560.44
New Hampshire
  18,380.00
New Jersey
  117,382.00
New Mexico
  46,055.00
Nevada
  80,581.08
New York
  225,577.55
Ohio
  134,695.77
Oklahoma
  76,169.00
Oregon
  46,016.00
Pennsylvania
  149,508.03
Puerto Rico
  500.00
Rhode Island
  7,846.00
South Carolina
  75,422.00
South Dakota
  10,569.00
Tennessee
  100,885.00
Texas
  583,537.40
Utah
  39,237.00
Virginia
  181,666.00
Virgin Islands
  250.00
Vermont
  4,534.00
Washington
  131,435.07
Wisconsin
  44,838.00
West Virginia
  12,580.00
Wyoming
  17,904.00

Generated Thu Oct 27 21:35:10 2016

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