Former South Carolina Governor Nikki Haley squandered more than $76 million to defeat former President Donald Trump in four primary states: Michigan, South Carolina, New Hampshire and Iowa.
The wasted spending in the first four primaries of the 2024 cycle is money that was not spent targeting President Joe Biden.
The money also shows how strong grassroots support for Trump is across the country.
Despite losing four consecutive primaries, Haley insists she will not drop out of the race until Super Tuesday, March 5th.
Below are the funds spent by political action committees and her campaign in the first three contests.
State-by-state spending habits suggest Haley’s ability to remain in the race is waning. Haley and her super PAC had $15 million in cash in hand as of the end of January, according to Federal Election Commission filings.
After Haley lost the New Hampshire primary, her donor base began cutting off all future funding to her campaign in January, advisers to several political megadonors said. washington post.
Haley’s shrinking financial position is expected to improve further, according to one megadonor adviser. Said of post. “If she doesn’t win New Hampshire, she won’t have the momentum she needs to win South Carolina,” the adviser said. “And without her lane to South Carolina, she has no chance of competing on Super Tuesday.”
LinkedIn co-founder and Democratic billionaire donor Reid Hoffman also suspended donations to the pro-Haley PAC. “We invested in Gov. Haley because we thought she had a good chance of winning. Hoffmann advisor Dmitri Melhorn said she was equipped with new evidence to convince her that more money could help her win. We will need to see new litigation.” Said of wall street journal.
Wendell Husebo is a political reporter for Breitbart News and a former Republican war room analyst.he is the author of politics of slave morality.Follow Wendell “X” @WendellHusebø or society of truth @WendellHusebo.
