Won't somebody give a handout to poor Donald Trump?!
The GOP presidential candidate is now officially $50 million in the hole after a "personal loan" he made to his own campaign last month is now officially a contribution — meaning he will not see a dime of that money back!
Back on May 13, The Donald loaned his campaign $50 million with the intention that it wouldn't be a big deal — just a short-term investment the campaign could pay back quickly.
Well… things didn't turn out that way. Campaign contribution rules would have required Trump's campaign to pay that loan back by August, and that's just not going to happen.
In a press release on Thursday, the real estate mogul's team dropped a statement painting this whole financial meltdown in the most positive light they could… but it still looks pretty bad (below):