President Donald Trump raised $248 million in September, his campaign announced Thursday, leaving him with notably less cash than Democratic nominee Joe Biden’s campaign.
The vice president’s campaign announced Wednesday that it raised a record $383 million, and had over $430 million cash-on-hand entering the final weeks of the presidential race.
Trump’s campaign has just over $250 million cash-on-hand, Tim Murtaugh, communications director for Trump, tweeted Thursday.
“President Trump hits the final stretch with strength, resources, record & huge ground game needed to spread message and secure re-election,” Murtaugh tweeted.
President Trump hits final stretch with strength, resources, record & huge ground game needed to spread message and secure re-election.
Campaign, RNC & joint committees in September:
$247.8M raised
$251.4M cash on handPOTUS has done more in 47 months than Biden in 47 years.
— Tim Murtaugh – Download the Trump 2020 app today! (@TimMurtaugh) October 16, 2020
The candidates’ financial resources mark a significant reversal from earlier this year, where Trump had a massive fundraising edge over Biden, who initially struggled to raise money and rise above other Democratic candidates in the party’s primary.
Biden’s fundraising has exploded in recent months, however, including a then-record $364 million in August, mirroring other down-ballot Democratic candidates who have raised record amounts in the weeks before November’s election. (RELATED: Democratic Candidates In Competitive Senate Races Raised ~$275 Million In Three Months)
ActBlue, the main Democratic online fundraising platform, raised $758 million in September, while WinRed, the main Republican online fundraising platform, raised $623 million in the third quarter of 2020, Politico reported.
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