https://news.yahoo.com/75-every-donation-trumps-election-210639865.html
Oma Seddiq
Tue, November 24, 2020, 4:06 PM EST
President Donald Trump lost the 2020 presidential election but continues to bombard voters with repeated texts and emails seeking donations for his efforts to overturn the results.
"Please contribute $5 RIGHT NOW to the Election Defense Fund to stop the Radical Left from STEALING this Election," one campaign email said on Tuesday.
However, it remains unknown exactly what that money is being used for.
In the days following the election, the fine print on Trump's Make America Great Again Committee donation page said 60% of every contribution would be routed to pay off campaign debt. Trump then directed that share of funds to his new leadership political action committee, Save America, which he launched on November 9, three days after Decision Desk HQ and Insider called the race for President-elect Joe Biden.
The details have been updated again. Now the first 75% of each donation goes to Save America, but the amount is capped at $5,000. Once that dollar amount has been met, a portion of the contribution goes to the Trump campaign's recount account. And 25% of the money is sent to a Republican National Committee account.
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However, there aren't many restrictions on how the donations can be spent, meaning Trump could use the funds entirely for himself. Multiple reports suggested he could spend the money to help finance a 2024 presidential bid or support his post-presidency life, as well as his family members.
"This money could easily — and legally — end up in his own pocket in the coming years," Paul Ryan, the vice president of policy and litigation at Common Cause, said in a CNN report on Monday. Save America will have to release its fundraising numbers and expenses in its first public report on December 3, according to CNN.
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