Donald Trump is currently facing significant financial challenges, as highlighted in recent reports. He is being outraised in his campaign efforts, needs to post a bond of approximately $450 million soon, and the funds in his Political Action Committee (PAC), which have been used to pay for his legal expenses, are dwindling. In a related development, Trump's legal team has argued in a New York civil case that securing a bond of nearly $460+ million is 'a practical impossibility.' Trump himself has admitted to the difficulty of obtaining the $464 million bond, describing it as a 'practical impossibility' and has sought more time from the appellate court to post the bond, citing a lack of funds.
Donald Trump can’t pay $464 million bond in New York fraud case https://t.co/fyYyUmZcIP via @PaulBlu
Donald Trump admits he can't get $464M bond: 'practical impossibility' https://t.co/vRl8FQIZWe https://t.co/Trk2TgOJNg
In a new filing with the appellate court, Trump pleads for more time to post the bond, saying that he doesn’t have the money. Story …https://t.co/Aod5F2VwhK
Per my teammate @GrahamKates - Trump’s lawyers file argument in court in $460+ million New York civil judgment, saying obtaining a bond of nearly half a billion dollars has proven to be "a practical impossibility”
From the weekend with @maggieNYT: Trump is facing three converging financial crunches. 1) His campaign is being outraised 2) He must soon post a ~$450 million bond 3) Money in his PAC, which has funded his lawyers, is running low https://t.co/qRVJIvzutN