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Ron DeSantis faces fundraising challenges in his bid to compete with Donald Trump

Gov. Ron DeSantis’s presidential campaign spent nearly all the cash that it raised within the third quarter because the candidate struggles to take care of the fundraising needed to fuel his aggressive strategy in Iowa and stay lively in other early states.

DeSantis raised $11.2 million within the months of July, August, and September and spent $11.1 million, in response to a campaign finance report filed Sunday.

DeSantis had $12.3 million in campaign money initially of October, but only $5 million may be spent on the first campaign; the remainder is reserved for the final election.

After setting fundraising records in his second campaign for governor, DeSantis’s presidential fundraising has did not match the sort of high-powered campaign he hoped to run, and he has been forced to trim expenses.

DeSantis raised $20 million within the second quarter but quickly burned through much of it. By July, his campaign was shedding staff because it looked to chop costs.

By August, DeSantis had replaced his campaign manager and narrowed the main focus of his campaign to at least one largely targeted at Iowa, the primary state to vote.

DeSantis reduced payroll from 90 people to 63 in his latest report, in response to a Politico evaluation.

That is still a sizeable operation though, and DeSantis also has continued to spend large amounts on private jet travel. Politico calculated that DeSantis’s campaign paid $1.5 million to 6 private jet corporations through the third quarter.

As DeSantis struggles to fund a campaign that may be competitive in early states, Trump continues to dominate in each state and national polling.

The Real Clear Politics average of Iowa polls shows former President Donald Trump up by 33 percentage points, with 50% of voters backing him in comparison with 17% supporting DeSantis.

While DeSantis’s campaign has not proven to be a fundraising juggernaut, a brilliant PAC backing him still has considerable resources – much of them transferred over from a committee that supported his re-election bid last yr – that may be deployed to assist him in early states.

The Never Back Down super PAC received an $82 million transfer from DeSantis’s state political committee and has been doing much of the work on the bottom in Iowa and other states.

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