The Trump campaign announced on Wednesday that it raised a total of $130 million in August. This strong fundraising performance was primarily driven by small donations, with nearly 98% of contributions coming from individuals donating less than $200. The average donation amount was $56, highlighting the broad support from grassroots contributors.
With this impressive fundraising effort, the campaign now has $295 million cash on hand as it heads into the last two months of the general election. The Trump campaign is aiming to keep up with Vice President Kamala Harris’s campaign, which has become a significant force in Democratic fundraising.
Senior Trump campaign adviser Brian Hughes commented on the campaign’s momentum, attributing it to growing bipartisan support. “Republicans are united, and many Independents and disaffected Democrats are crossing party lines,” Hughes said.
He further stated that these numbers reflect a movement that will drive President Trump’s “America First” agenda back to the White House, allowing them to address what they see as the “failures” of the Biden-Harris administration.
The Trump campaign has enjoyed a surge in fundraising recently, even surpassing President Biden’s totals at one point. However, since Biden stepped aside and Kamala Harris took the lead of the Democratic ticket, Democratic fundraising has skyrocketed.
According to Jen O’Malley Dillon, Harris’s campaign chair, the vice president raised over $540 million between July 21, when she entered the race, and the end of August, a historic figure for such a short period.
In a strategic move, the Harris campaign revealed that it is allocating nearly $25 million of its funds to support Democratic candidates in downballot races, aiming to secure majorities in Congress. This allocation further emphasizes the significant impact of Harris’s fundraising success as the election approaches.