Donald Trump said on Tuesday he's willing to spend millions of dollars of his own money in his re-election bid as his campaign argues the president could win a second term in a landslide.
Trump confirmed a Bloomberg News report that he could spend as much as $100 million of his own money to beat Democratic nominee Joe Biden in November.
'If I have to, I will,' President Trump told reporters before he boarded Air Force One for a trip to Florida. 'We needed to spend more money up front because of the pandemic and the statements being made by Democrats, which we are, again, disinformation.
'Whatever it takes, we have to win,' he added.
He noted he spent his own money in the 2016 Republican primary contest - a total of $66 million.
'If we need anymore, I'd put it up personally. Like I did in the primaries last time. In the 2016 primaries I put up a lot of money. If I have to, I'll do it here. But we don't have to, because we have double and maybe even triple what we had a number of years,' he said.
President Trump said he's willing to spend millions of dollars of his own money in his re-election bid
Campaign crunch: Donald Trump at Andrews Air Force Base where he said he would be willing to put his own cash into the campaign if necessary
Off to Florida: Donald Trump spoke on his way to two stops, one to speak about the environment in Florida, then a mini-rally at Winston-Salem, North Carolina
Salute: Donald Trump boards Air Force One for Florida as his campaign said it could win in a landslide while he said he would fund whatever it takes to win
Joe Biden leads in most national polls and battleground state polls on the 2020 race
$30 million - Trump swag, such as MAGA hats
$21 million – Legal fees since 2019, including a $666,666.67 bill to Reuters News & Media for unspecified 'legal proceedings – resolution
$11 million – Superbowl commercials
$6 million – 'Donor mementos', this includes $337,000 to Hersheys Company, the chocolate maker, for items such as White House-branded M&Ms.
$1 million – TV adverts in Washington DC
$800,000 – Boosting former campaign manager Brad Parscale's Facebook and Instagram accounts
$325,000 – Ritz-Carlton on Amelia Island, Florida, for the cancelled RNC convention
$156,000 – Airplanes to haul Trump banners across the sky
$110,000 – Yondr magnetic pouches for donors' phones to be stored in during fundraising bashes so they can't record Trump
Trump's comments come amid reports his campaign is struggling financially. It has yet to release its August fundraising numbers after Biden reported raising a record $365 million last month.
'We are now carefully managing the budget,' campaign manager Bill Stepien said Tuesday on a conference call with reporters. 'I consider it to be among the, if not the most important tasks for any campaign manager, creating a recreating the budget was the first thing that I did.'
On the conference call, officials with the campaign outlined seven scenarios of how the electoral college could play out on November 3 - all of which have Trump winning a second term.
Biden is leading in most national polls on the race.
‘This very much is a series of state based campaigns,’ Stepien said of the Trump campaign tactics, comparing it to running for governor.
‘We very much want to be on the local news in markets, six o'clock local news and markets, and our focus a whole lot less on the cable news with our messaging,’ he added.
The first scenario had the president winning the same states he won in 2016 for 306 electoral votes - it takes 270 to win the presidency.
But the second scenario argued Trump could win in a landslide, picking up all the battleground states for 356 electoral votes.sonos sonos One (Gen 2) - Voice Controlled Smart Speaker with Amazon Alexa Built-in - Black read more
‘The reality is almost every state. On this map is currently within the margin of error and outside forces can change things as we see in presidential campaigns,’ said Director of Battleground Strategy Nick Trainer although he conceded the campaign is not there 'yet.'
The RealClearPolitics polling average has Biden