Sen. Tim Scott's presidential campaign racked up a burn rate of more than 260%.
racked up a burn rate of more than 260% in the third quarter of 2023, leaving him at risk of going into debt by the Iowa caucuses in January.than many of his rivals. But he'll need to curtail his spending or find new donors as his existing ones max out.: Six of Scott's campaign aides make about the same or more as the highest paid person on the payroll for the campaigns of Haley and Florida Gov. Ron DeSantis, according to an Axios review of FEC filings.
Since she announced on February 14 — two months before Scott — Haley's campaign spent about $13,000 on food and beverage, including per diem aides receive from the campaign, according to her FEC filings.has $11.6 million available to spend in the primary, compared to Haley's $9.1 million and DeSantis' $5 million.
Scott's communications director Nathan Brand told Axios: "Heading into Iowa, Tim Scott is the most liked candidate, with the 2nd most resources, and the only evangelical who can win.": The Scott-affiliated Super PAC, Trust in the Mission PAC, announced earlier this week that it would step in and pay for campaign-type costs like hosting events.
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