Joe Biden and joint fundraising committees raise record-breaking $300 million in August - CBS News

  

Category:  News & Politics

Via:  jbb  •  3 weeks ago  •  12 comments

By:   Sarah Ewall-Wice, Bo Erickson (CBSPolitics)

Joe Biden and joint fundraising committees raise record-breaking $300 million in August - CBS News
The massive cash haul flooded in last month as Biden announced his running mate, Kamala Harris, and accepted his party's nomination in the first-ever virtual Democratic National Convention.

The RNC was a fundraising goldmine for Biden 2020!


S E E D E D   C O N T E N T



By Sarah Ewall-Wice, Bo Erickson

September 2, 2020 / 7:18 AM / CBS News

Trump and Biden focus on Kenosha

Joe Biden's presidential campaign and joint fundraising committees are expected to report raising more than $300 million in August, setting a new monthly record for presidential fundraising, according to two sources familiar with the Democratic nominee's fundraising efforts.

The massive cash haul flooded in last month as Biden announced his vice presidential pick, California Senator Kamala Harris, and officially accepted his party's nomination in the first-ever virtual Democratic National Convention.

The record-shattering cash haul comes as Biden and President Trump are just over 60 days away from the presidential election on November 3. The New York Times was the first to report the $300 million figure on Tuesday.

The haul more than doubles what the Biden campaign and joint fundraising entities raised in July. In comparison to previous campaign cycles, in August 2016, Hillary Clinton's campaign and joint fundraising committees announced raising $143 million. And in 2012, President Obama's reelection campaign and the Democratic National Committee brought in $114 million that August and $181 million in September. In September 2008, Obama and the DNC together raised $193 million, which was the former record for fundraising in a single month.

On August 11, Biden revealed Harris would be his running mate after months of speculation. In just 24 hours following the announcement, the campaign raked in $26 million. It was the campaign's best fundraising day to date. And 48 hours later, the campaign said it had brought in $48 million, including $39 million online, showing grassroots momentum heading into the final few months before the election.

Less than a week later, Democrats kicked off the Democratic National Convention. That week, Biden for President and its joint fundraising entities, brought in another $70 million in just four days, more than the $60 million the Biden campaign brought in across all of 2019.

Biden's campaign did not respond to a request for comment on its fundraising.

At the same time, the Trump campaign, Republican National Committee and joint fundraising entities raised $76 million over the course of four days during the Republican National Convention last month. The president's campaign has not yet announced how much money was raised over the entire month.

In July, the Trump campaign and committees outraised Biden's campaign and committees by about $25 million, with $165 million compared to the Biden campaign's more than $140 million. However, the Biden campaign that month still managed to nearly close the gap in cash on hand with the president's campaign, reporting a $294 million war chest heading into the final months of the campaign cycle, just $6 million shy of the Trump campaign and RNC's $300 million.

Presidential campaigns and political parties have a September 20 deadline to file August fundraising numbers and expenses with the Federal Election Commission.


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JBB
1  seeder  JBB    3 weeks ago

Bloop!

 
 
 
Greg Jones
1.1  Greg Jones  replied to  JBB @1    3 weeks ago

It'll all be for naught!

 
 
 
JBB
1.1.1  seeder  JBB  replied to  Greg Jones @1.1    3 weeks ago

There are lots of naughts in $300,000,000.00!

 
 
 
Paula Bartholomew
1.1.2  Paula Bartholomew  replied to  JBB @1.1.1    3 weeks ago

Unlike Trump, Biden would never funnel any of that money into his own and his family's pockets.  If any funds are left, he would put the money back into the system for 2024.

 
 
 
TrumpFanOne
1.1.3  TrumpFanOne  replied to  Paula Bartholomew @1.1.2    3 weeks ago
Unlike Trump, Biden would never funnel any of that money into his own and his family's pockets. 

True, he threatens other countries to do his bidding or AMERICAN TAXPAYER money won't get funneled to THEM.

 
 
 
TrumpFanOne
1.2  TrumpFanOne  replied to  JBB @1    3 weeks ago
Bloop!

The sound of shit falling in the bucket.

I love watching fools and their money parted.

Say, have you noticed the market lately with Trump closing in on Bidens hiding place?

 
 
 
Tessylo
1.2.1  Tessylo  replied to  TrumpFanOne @1.2    3 weeks ago

Lots of shit in trumpturd's bucket.  It's slopping over.  All that money he funnels into his own pockets from his donors.

Talk about fools and their money being parted.  

 
 
 
Sean Treacy
2  Sean Treacy    3 weeks ago

Remember when Hillary Clinton outspent Donald Trump almost two to one and lost?

good times.

 
 
 
JBB
2.1  seeder  JBB  replied to  Sean Treacy @2    3 weeks ago

Butt, Joe Biden is not Hillary Clinton and this is not 2016 it is 2020 and the Democrats are not going to win by only three million votes this time...

 
 
 
Greg Jones
2.1.1  Greg Jones  replied to  JBB @2.1    3 weeks ago

No, they'll likely lose by that much....or more

 
 
 
TrumpFanOne
2.2  TrumpFanOne  replied to  Sean Treacy @2    3 weeks ago
Remember when Hillary Clinton outspent Donald Trump almost two to one and lost? good times.

Sure do.....  but it was actually MORE than two to one.

Clinton-Outspent-Trump.png

 
 
 
Kavika
3  Kavika     3 weeks ago

Excellent.

 
 
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