Tuesday, June 21, 2016

Hoffenberg and Adelson Pledge a Total Of $150 Million to Trumps General Election

Trump taking hit in the media over his May fundraising and FEC report of cash on hand. 
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It’s time these guys came through with dough they reportedly said they would give to fund general election campaign.
Donate to Trump at Approved web sites to donate: Team Trump 2016 Trump Victory  Make America Great Again
Steven Hoffenberg filed a Federal Election Commission report Tuesday stating his super PAC intends to coordinate a $50 million marketing campaign in support of Donald Trump.
It's the first time the chairman of TowerInvestors.com and former New York Post owner has explained why he founded the Get Our Jobs Back Inc. PAC in April. It's the first time the chairman of TowerInvestors.com and former New York Post owner has explained why he founded the Get Our Jobs Back Inc. PAC in April. The FEC filings indicate the Statware Inc. company plan to make a donation of $50 million in services ranging from "digital media marketing" to "revenue sharing," according to Politico. It's pennies in the bucket for Hoffenberg, who in late May predicted his PAC would raise $1 billion dollars for Trump

Sheldon Adelson Pledges $100 Million to Elect Trump President
The casino magnate Sheldon G. Adelson told Donald J. Trump in a private meeting last week that he was willing to contribute more to help elect him than he has to any previous campaign, a sum that could exceed $100 million, according to two Republicans with direct knowledge of Mr. Adelson’s commitment.
As significant, Mr. Adelson, a billionaire based in Las Vegas, has decided that he will significantly scale back his giving to congressional Republicans and direct most of his contributions to groups dedicated to Mr. Trump’s campaign. The two Republicans familiar with Mr. Adelson’s plans spoke anonymously because they were not authorized to discuss the matter publicly.

Mr. Adelson’s pledge to Mr. Trump, the presumptive Republican presidential nominee, comes at an opportune time. Mr. Trump has relied on a mix of his own wealth and small-dollar contributions to finance his primary effort and lacks the sort of major donor network needed to sustain him in the general election. Mr. Trump has said that he may need $1 billion for the campaign but has only recently begun scheduling fund-raisers and hiring finance staff members. Many of the Republican Party’s wealthiest contributors, including the billionaire brothers Charles G. and David H. Koch, have indicated they are unlikely to give to his candidacy.

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