With $55 million in the bank, MAGA Inc., the top super PAC aligned with former President Donald Trump, is ready to go for the 2024 presidential election cycle. Since the super PAC has not yet begun actively raising money, most of the money it has available came from a transfer of funds from Trump’s Save America political committee in late October.
The majority of MAGA Inc.’s $40 million in revenue during the reporting period of October 20-November 28 came from the Save America contribution. The super PAC was founded at the end of September by a group of Trump’s top political advisers and aides to help elect candidates who had been endorsed by Trump in the upcoming midterm elections. In the closing weeks of the 2022 election cycle, the super PAC spent nearly $20 million supporting these candidates.
Since Trump’s third run for the presidency was announced on November 15, MAGA Inc. will shift its focus from the 2022 election cycle to bolstering that bid. The committee is spending money on research, communications, and analysis, and they are releasing new content every day to promote Trump’s achievements.
‘MAGA Inc is in a position to make sure President Trump has the resources and support he needs for a commanding win in November 2024,’ the committee said. “Every career politician and RINO who dares to challenge our MAGA movement will be thoroughly vetted and exposed as the race progresses. We will keep bringing attention to President Trump’s successes and the many ways in which he is uniquely positioned to save the United States.”
Despite the fact that not all GOP megadonors have pledged their support for a third Trump White House run, Trump can count on his legion of low-dollar grassroots donors to keep his campaign afloat. It’s possible that this will help the super PAC that supports Trump in the long run.
Trump is still the most popular and influential Republican politician two years after losing the 2020 election to President Biden, and he is currently polling as the party’s presumptive nominee for the 2024 election. Trump’s supporters, despite the criticism of his recent campaign launch, still think he’s the only one who can “Save America” and lead the country to victory in 2024.
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