2020 ELECTION/TRUMP CAMPAIGN: “President Trump’s re-election campaign had warned of debt after Election Day. But a postelection fundraising blitz tied to his unsuccessful effort to reverse his election loss has raised $207.5 million for Mr. Trump’s political committees and the Republican Party.
The president’s team pulled back on spending in some battleground states as Election Day approached, interviews with Trump advisers and advertising records show. His campaign had $18.4 million in cash on hand and about $11.3 million in payments owed to vendors as of Nov. 23, according to Federal Election Commission reports filed late Thursday [Dec. 3, 2020].
His campaign’s cash position was boosted by an unprecedented postelection email-and-text-messaging fundraising drive to service campaign debt, fund other political committees and finance his court battle, which hasn’t shown election-changing evidence of voter fraud.”
-Julie Bykowicz and Chad Day, “Trump’s Campaign Went Into Debt But Raked in Postelection Cash,” wsj.com, Dec. 4, 2020