BREAKING. Donald Trump Has Not Forgiven Campaign Loans And Probably Won’t

Source: RedState | June 30, 2016 | streiff

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Only a week ago, the Trump campaign made a huge announcement that he had converted that debt into a contribution. My colleague, Susan Wright, posted on the announcement and she speculated, as did most of the RedState contributors, that Trump was, in fact, lying. If he claimed to convert the debt to a contribution… which is literally as hard as checking off a single box on one FEC report… he could collect contributions leading up to the convention, pocket them before the next report, and then confront the GOP with a broke campaign that they had to fundraise for. In other words, we were speculating that this was the quintessential Trumpian con wrapped in a scam wrapped in a deception.

Guess what?

When Donald Trump said last Thursday he was forgiving over $45 million in personal loans he made to his campaign, the announcement drew plenty of coverage. Many even reported Trump’s statement as if the deal was done.

But it’s not.

A week later, NBC News has learned the FEC has posted no record of Trump converting his loans to donations. The Trump Campaign has also declined requests to share the legal paperwork required to execute the transaction, though they suggest it has been submitted.

In his most recent FEC filing, which posted June 20, Trump treated all his spending on the campaign as loans.

An FEC staff member tells NBC News there is no new filing changing Trump’s loans. The FEC’s candidate tracking page, which posts filings, does not show new paperwork from Trump changing his loans.

Ultimately, if Trump declines to release any proof for claiming he forgave the loans, the rubber will hit the road on July 20, the next FEC filing deadline.

When does the GOP convention kick off? July 18. By the time the FEC report is released, Donald Trump will be the GOP nominee.

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  • Consistent #7481

    Consistent #7508

    Victoria #7512

    To use a Trump phrase, “Trump is a loser.” He cannot be trusted to tell the truth or do the right thing. No matter what he says, do not believe him. I would not have him in my house. He can stay in his gold penthouse and I don’t want to hear a word he ever says when he loses this election and I pray he does lose.

    ConstitutionalConservative #7514

    Trump is a severely twisted individual his success is mainly in his ability to make himself almost magically appear to the foolish as straight and upright.
    He is a life long practiced illusionist void of any consistent moral foundation who has profited from fooling some people some of the time and apparently far too many people all the time.

    The tragedy of Trump for constitutional conservatives is we find ourselves too often between a rock and a hard place seemingly aligned with progressive liberals in our assessment of his worthiness for POTUS!

    I can’t tolerate Hillary nor can I tolerate Trump or any establishment republican, there is only one thing left for me to do:

    Pray For A Miracle! TED CRUZ… 2016!

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