Former President Donald Trump raised about $130 million in August, his campaign announced Wednesday night.
Trump’s fundraising numbers are down slightly from the nearly $140 million the former president brought in during July, when his campaign initiated a fundraising push days after he was shot by a failed assassin on July 13. The Harris campaign has not released its August fundraising figures, however, it likely eclipsed Trump as Harris campaign manager Jen O’Malley Dillon released a memo on August 25 where she claimed the vice president had raised $540 million since President Joe Biden dropped out on July 21, including $82 million during the week of the Democratic National Convention.
“With Republicans united and a growing number of Independents and disaffected Democrats crossing partisan lines, the Trump-Vance campaign has momentum for the final stretch of the race,” Trump campaign senior advisor Brian Hughes said in the press release announcing the fundraising numbers. “These fundraising numbers from August are a reflection of that movement and will propel President Trump’s America First movement back to the White House so we can undo the terrible failures of Harris and Biden.”
Contrary to the Trump campaign’s enthusiasm, GOP leaders are raising the alarm behind closed doors and publicly about how a large financial disparity has emerged between the two parties. Liberals have commanding ad spending leads in almost all competitive Senate races and the Congressional Leadership Fund, the primary super PAC aimed at electing Republicans to the House, is $70 million behind its Democratic counterpart in ad spending, according to Politico.
“The only thing preventing us from having a great night in November is the massive financial disparity our party currently faces,” National Republican Senatorial Committee executive director Jason Thielman previously told the Daily Caller News Foundation. “We are on a trajectory to win the majority, but unless something changes drastically in the next six weeks, we will lose winnable seats.”
State-wide Republican parties in a number of states with close legislative elections in November, like Arizona and Wisconsin, have also been outraised and outspent by their Democratic counterparts.
Before Democrats swapped Biden for Harris, the Trump campaign had overcome his Democratic rival’s cash advantage, Politico reported. The Trump campaign claims to have had $295 million in cash on hand at the end of August.
The average donation to Trump was $56, with 98% of donations being under $200, according to the campaign.
Trump is no stranger to fighting campaigns at a financial disadvantage, defeating Hillary Clinton in 2016 despite only having half as much money, and narrowly losing to Biden in 2020 despite a 3 to 1 cash disadvantage heading into the final month of the election.
“Team Trump has the money, the message, the momentum, and a candidate who works harder than anyone in politics,” Trump campaign national press secretary Karoline Leavitt told the DCNF.
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