Out of roughly $90 million the anti-Trump Lincoln Project has raised, more than half has gone to firms run by the group’s founders, according to open records data reviewed by Fox Business.
The records show that about a third of the money – roughly $27 million – raised by the super PAC, directly paid for advertisements that aired on broadcast and cable, or appeared online, during the 2020 campaign.
The vast majority of the cash was split among consulting firms controlled by its founders, including about $27 million paid to a small firm controlled by Galen and another $21 million paid to a boutique firm run by former Lincoln Project member Ron Steslow, campaign finance disclosures show.
That leaves tens of millions of dollars that went toward expenses like production costs, overhead — and exorbitant consulting fees collected by members of the group.
“It raises questions about where the rest of the money ultimately went,” said Brendan Fischer, an attorney with the nonpartisan
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