Trump Campaign Raises $210 Million in August, Trailing Biden

September 10, 2020by Misyrlena Egkolfopoulou and Bill Allison, Bloomberg News (TNS)

WASHINGTON — President Donald Trump’s 2020 reelection campaign and the Republican National Committee announced Wednesday that they jointly raised $210 million in August, trailing the record haul their Democratic counterparts brought in during the same time period.

While Trump’s August fundraising is a record for his campaign, it is far less than the $365.4 million Joe Biden and the Democratic National Committee raised last month.

The Trump campaign said it was using the money for a “muscular field operation” that will turn out voters and countered that Biden was spending primarily on advertising.

“We like our strategy better,” said Trump’s campaign manager Bill Stepien.

Trump is trailing Biden in national polls and has lost ground for his handling of the coronavirus and of the accompanying economic downturn. The president has discussed putting as much as $100 million into his campaign. Though Trump personally contributed $66 million to his 2016 campaign, it would be unprecedented for an incumbent president to put his own money toward winning a second term.

“If I have to, I would,” Trump said Tuesday of putting money into his campaign. “But we don’t have to,” he told reporters as he departed Joint Base Andrews outside Washington for a speech in Florida.

The campaign did not release cash on hand figures for the reelection effort, which has spent more than $820 million, Federal Election Commission filings show. Trump’s cash advantage, which stood at more than $150 million over Biden at the end of April, has disappeared. At the end of July, Trump and the RNC reported having more than $300 million in their coffers compared to $294 million for Biden and Democrats.

Both campaigns have been flooded with donations. Though Trump’s August receipts fall short of Biden’s, they still eclipse the previous monthly record for fundraising and the $193 million that Barack Obama raised in September 2008.

The campaign said that August was the largest online fundraising month ever for the campaign, which has about 2,000 field staffers around the country. Stepien added that “the Trump campaign will have all the resources we need to spread the message of President Trump’s incredible record of achievement, on the ground and on the air, and define Joe Biden as a tool of the radical left,”

The campaign said it raised $76 million during the four days of the Republican National Convention last month. Since January 2019, Trump and the RNC have raised more than $1.2 billion for the 2020 election. Biden has raised $787 million since he started fundraising with the DNC in April.

———

©2020 Bloomberg News

Distributed by Tribune Content Agency, LLC.

2020 Elections

Portman Won't Run for Reelection, Cites Partisanship
Political News
Portman Won't Run for Reelection, Cites Partisanship
January 25, 2021
by Dan McCue

WASHINGTON - Sen. Rob Portman, R-Ohio, who has been trying to walk a political tightrope since the House impeached former President Donald Trump last week, revealed Monday morning that he will not seek re-election to a third term in 2022. In a statement released ahead of... Read More

Supreme Court Tosses Emoluments Lawsuits Against Trump, Calling Them Moot
Supreme Court
Supreme Court Tosses Emoluments Lawsuits Against Trump, Calling Them Moot
January 25, 2021
by Dan McCue

WASHINGTON - The Supreme Court on Monday dismissed a pair of emoluments lawsuits against former President Donald Trump, ruling the cases are moot now that he's left office. The lawsuits were filed by the attorneys general for Maryland and Washington, D.C., and the government watchdog, Citizens... Read More

White House Begins Talks with Lawmakers on COVID-19 Relief
Economy
White House Begins Talks with Lawmakers on COVID-19 Relief

WASHINGTON (AP) — Top aides to President Joe Biden have begun talks with a group of moderate Senate Republicans and Democrats on a $1.9 trillion coronavirus relief package as Biden faces increasing headwinds in his effort to win bipartisan backing for the initial legislative effort of... Read More

Biden to Drop Trump's Military Transgender Ban
Military
Biden to Drop Trump's Military Transgender Ban

WASHINGTON (AP) — President Joe Biden is set to issue an executive order to reverse a Pentagon policy that largely bars transgender individuals from joining the military, dumping a ban ordered by President Donald Trump in a tweet during his first year in office, a person... Read More

Russian Hack of US Agencies Exposed Supply Chain Weaknesses
Cybersecurity
Russian Hack of US Agencies Exposed Supply Chain Weaknesses

WASHINGTON (AP) — The elite Russian hackers who gained access to computer systems of federal agencies last year didn't bother trying to break one by one into the networks of each department. Instead, they got inside by sneaking malicious code into a software update pushed out to thousands... Read More

After Failed Trump Romance, France Seeks Reset Under Biden
Foreign Affairs
After Failed Trump Romance, France Seeks Reset Under Biden

PARIS (AP) — After increasingly strained U.S.-France relations under Donald Trump, President Joe Biden and French President Emmanuel Macron agreed Sunday to work closely together to fight the coronavirus pandemic and climate change. Their first conversation since Biden’s inauguration aimed at mending frayed ties between the historic... Read More

News From The Well
scroll top