Campaign Fundraising Totals (wsj, Thursday, 3 September 2020)

p. A4: “Biden’s August Fundraising is Record” by Ken Thomas

“Mr. Trump has held a significant cash advantage during much of the campaign, but Mr. Biden’s fundraising onslaught has eroded it. Mr. Trump’s team ended July with more than $300 million in the bank, while Mr. Biden’s campaign said it had $294 million at the end of last month (August).”

As a measure of comparison, in January 2020, Biden’s campaign “raised less than $9 million for the month. During August, his campaign averaged about $11.7 million daily.”

A large bump came with Biden’s selection of Kamala Harris as his running mate: $48 million came to the Biden campaign “in the 48 hours after” the announcement.

The playing field is almost level now. (Interesting side note: the article says that in August 2016, the Clinton campaign had raised $143 million against the Trump campaign’s $90 million. WOW. Trump was such an underdog! He really did come out of nowhere)

Iain Kelly

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