Trump campaign raised $210 million in August, well short of Biden

US President Donald Trump speaks to the media as he makes his way to board Air Force One before departing from Andrews Air Force Base in Maryland on September 1, 2020.

Mandel Ngan | AFP | Getty Images

WASHINGTON — President Donald Trump’s reelection campaign and its joint Republican committees raised $210 million in August, a monthly record for Trump but far short of the $364 million raised by Trump’s opponent, former Vice President Joe Biden during the same period.

“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,” said Trump’s campaign manager Bill Stepien in a statement on the August numbers.

Stepien’s assurance Wednesday came as both Trump campaign strategists and top GOP donors are confronting the harsh reality of the campaign’s financial situation relative to Trump’s standing in the polls. So far this year, the Trump campaign has spent more than $800 million. Yet Biden is currently leading Trump nationwide by an average of seven points, according to a Real Clear Politics. 

Trump and his joint committees with the Republican Party have outraised Biden every month save for June and August since the former vice president became the nominee. 

Biden’s recent success came the same month he selected Sen. Kamala Harris as his running mate and accepted his party’s nomination at the Democratic National Convention. 

The hauls by the two candidates is the latest moment in a larger fundraising battle between Democrats and Republican in the 2020 election cycle. 

Democrats running for U.S. Senate seats have a slight edge over Republicans so far. According to data from the nonpartisan Center for Responsive Politics, Democratic Senate candidates have seen 54% of contributions go their way. Democrats are looking to take over the majority in the Senate. 

Democrats running for seats inn the U.S. House of Representatives have also been able to raise more than their Republican opponents. Democrats hold the majority in the House. 

Source link




Europe plans 25-fold increase in offshore wind capacity by 2050

Offshore wind turbines in waters five kilometers off the coast of Copenhagen, Denmark. The European Union is now targeting 300 gigawatts of offshore...

Biden orders closer review of Covid origins as U.S. intel weighs Wuhan lab leak theory

Security personnel stand guard outside the Wuhan Institute of Virology in Wuhan as members of the World Health Organization (WHO) team investigating the...

Uber, Nuance, Alibaba & more

Take a look at some of the biggest movers in the premarket:Uber (UBER) – Uber announced record gross bookings for March, with its ride-hailing...

Stock picking has a terrible track record, and it’s getting worse

A trader working after the Nasdaq opening bell ceremony on April 18, 2019 in New York City.Kena Betancur | Getty ImagesStock picking has...

Ohio researchers find evidence of possible US COVID-19 variant

submitted by /u/boppinmule Source link