WASHINGTON>> Donald Trump is crushing his Republican presidential rivals in the contest to raise campaign cash, putting the other White House hopefuls in an unenviable position before the first votes are cast in January.

Those who have amassed a nest egg will have the resources to last for the foreseeable future, while those without will face hard choices in the coming days, weeks and months.

Here are some takeaways from the recently released campaign finance disclosures that cover the third quarter:

Let’s be real

Trump’s political operation has splurged at least $20 million this year on legal expenses arising from a sprawling set of court cases and lawsuits faced by the former president and his allies. It’s an enormous outlay of cash, big enough to sink even a generously financed campaign.

Yet as the GOP presidential primary enters a crucial make-or-break phase before voting begins early next year, the latest campaign finance disclosures show Trump still has more money socked away than his top rivals — combined.

The amount of cash a candidate has in reserve offers a window into the health of their campaign. Those with an ample sum will have the money needed to hold events, run TV ads and communicate with voters. Those who lack it will struggle.

But the stark disparity between Trump, whose presidential campaign had $37.5 million at the end of September, and the balances held by his rivals such as former U.N. ambassador Nikki Haley, Florida Gov. Ron DeSantis and South Carolina Sen. Tim Scott speaks to a broader reality in the race: It’s Trump’s to lose, and his rivals have limited time and limited means to change that.

Palmetto rivalry

Scott was in an enviable position when he entered the Republican presidential contest, boasting of a $21.9 million war chest amassed over the years from his prominent perch in the Senate.

Things were less rosy for Haley, his home-state rival.

The one-time accountant raised $8.3 million in April but relied on accounting gimmicks to inaccurately inflate her fundraising success by several million dollars in a news release.

Now the tables have turned.

Haley entered October with somewhat of a fundraising tailwind after doubling the money in her campaign account to $11.5 million over the past three months, thanks in part to strong debate performances that led to a flood of contributions.

Scott, meanwhile, has so far failed to catch on while hemorrhaging cash.

That includes $14 million spent on advertising, according to data from advertising tracking firm Ad Impact. And he held $13.3 million at the end or September — down from $21 million at the start of the quarter.


Like Scott, DeSantis also has blown through a prodigious amount of money. The Florida governor entered the race with sky-high expectations and a $20 million pile of cash.

But his campaign, which was built out to convey the image of a front-runner, soon bowed to reality. DeSantis trimmed staffers and expenses after burning through $8 million during an early six-week spending spree that included more than 100 paid staffers, a large security detail and luxury travel.

Although he has continued to raise respectable sums, he is still spending almost as much as he takes in. That left him with $12.3 million at the end of the quarter.

One variable is his super PAC, Never Back Down, which DeSantis’ political operation seeded with money left over from his 2022 gubernatorial campaign. The group won’t have to disclose its finances until later.

DeSantis’ presidential campaign has found an unusual way to pay for his habit of flying in private planes: passing the cost to Never Back Down. It could test the limits of campaign finance laws, experts said.

Wither Mike Pence

Mike Pence was always going to face an uphill climb in a Republican presidential contest dominated by Trump, the man whom he served as a loyal vice president for four years.

His dismal fundraising has not helped.

Pence entered October running on fumes with $1.1 million on hand and debts of $621,000. That’s after Pence, who is not independently wealthy, lent $150,000 of his own money to the campaign in July, records show.

Biding his time

While the Republican field of contenders crows about raising $10 million or $20 million, President Joe Biden repeatedly touted totals that are far greater, like the $71 million his campaign says he has taken in since July.

As the leader of his party, Biden is able to rake in massive amounts through a joint fundraising agreement with the Democratic National Committee and all 50 state party committees.