Trump's political action committees spent nearly $50 million on legal bills in 2023, filings show
CBSN
Washington — Former President Trump's political apparatus spent more than it raised last year, thanks in part to about $50 million in legal bills spent for his numerous ongoing legal defenses across 2023, campaign finance reports filed Wednesday with the Federal Election Commission show.
As Trump's legal and political calendars have collided in recent weeks, bouncing him between Iowa, New Hampshire and courtrooms in New York City and Washington D.C. related to three different cases, the financial burden of his legal challenges has taken its toll on Trump's fundraising and advertising capabilities.
Although Trump's campaign, and the primary super PAC supporting Trump, MAGA Inc., are well positioned heading into the new year, with over $56 million in cash between the two committees, Trump's leadership PAC, Save America PAC, which paid his lawyers, has just over $5 million cash on hand, and the political action committees working on his behalf spent well over what they were raising.
A new law aims to strengthen reporting requirements for technology companies to combat online predators seeking to exploit children. One dad told CBS News that he hopes the law will save children like his son, who died by suicide after becoming ensnared in a "sextortion" scheme when he was 17 years old.