Ron DeSantis’s presidential campaign has been informed by the Federal Election Commission (FEC) that $2.6 million of his donations have been incorrectly labeled for use in the presidential primary, and must instead be only used for general election funds. This strips almost another 30 percent of campaign cash away from the Florida Governor’s coffers, already threatened by overspending and a drying up of donations.
The financial state of Ron DeSantis’s presidential campaign has many political observers wondering if the Florida Governor can even make it to the Iowa Caucuses in January.
According to FEC data, the DeSantis campaign had just over $9 million cash-on-hand at the beginning of July. However, the FEC letter detailing the incorrectly labeled donations also showed that actual cash-on-hand number was much lower, around $6.6 million – and there are some indications that the number may yet be even lower than that.
The lack of cash only compounds the set backs the DeSantis campaign has suffered over the past few weeks, culminating in the demotion of campaign manager Generra Peck on Tuesday, who is replaced by a 35-year-old Rubio-world lawyer who has never run a political campaign before.
