In a whirlwind of political fundraising, Vice President Kamala Harris has set new records by significantly outpacing former President Donald Trump in campaign contributions leading up to the November election. As per the latest reports from the Federal Election Commission, Harris managed to raise a staggering $189 million in August alone, leaving Trump far behind with only $44 million in his campaign coffers during the same period.
Here’s a breakdown of the key highlights from the recent FEC filings:
- Harris raised over $189 million in August, while Trump’s campaign brought in a mere $44 million.
- Harris announced a total of $361 million joint haul in August with the Democratic National Committee and other fundraising committees, overshadowing the $130 million raised by Trump and his joint fundraising committees.
- Harris experienced a $47 million cash influx from nearly 600,000 donors within 24 hours following the first and possibly only Harris-Trump debate.
- The Harris team has agreed to a second debate with CNN on Oct. 23, despite Trump’s refusal for a rematch.
The figures reveal a consistent uptick in donor enthusiasm for Harris, demonstrating sustained support even after the initial excitement of Biden endorsing her as the Democratic candidate subsided. With a total of $310 million raised in July following Biden’s exit from the race, Harris has successfully closed the fundraising gap that previously favored Trump and the Republicans.
As the campaign gears up for the final sprint towards the election, Harris and the DNC have been strategically outspending Trump with a robust advertising campaign across various media platforms. In August, the Harris team and the DNC collectively spent $258 million, significantly exceeding the $121 million disbursed by Trump and the Republican National Committee.
Heading into the critical phase of the presidential race, Harris finished August with an impressive war chest of $404 million, surpassing Trump’s reported $295 million in cash on hand. While the Trump campaign remains confident in its momentum for the final leg of the election, Harris’s remarkable fundraising success underscores the immense support she enjoys from donors across the country.
With the election drawing closer, the financial strength of the campaigns will play a pivotal role in shaping the outcome. As Harris continues to dominate the fundraising arena, the stage is set for an intense battle leading up to November.
