Politics

Biden, Trump Campaigns Set Fundraising Records in June

The 2020 presidential campaigns and fundraising committees of Joe Biden and President Donald Trump each raised the most money in a single month since their inceptions.

The Biden campaign, the Democratic National Committee, and their joint fundraising committees raised $141 million in June, according to a press release. The Trump campaign and its committees raised $131 million during the same month.

While the Biden campaign raised more than Trumps for a second straight month, the presidents reelection campaign still holds a significant lead in total fundraising, spending, and cash on hand.

“The Trump campaigns monumental June fundraising haul proves that people are voting with their wallets and that enthusiasm behind President Trumps re-election is only growing,” Trump 2020 campaign manager Brad Parscale said in a statement.

Biden for President campaign manager Jen OMalley Dillon said in a statement, “Its clear that voters are looking for steady leadership, experience, empathy, compassion, and character—and theyll find all of these qualities in Vice President Joe Biden.”

The Republican National Committee and the Trump campaign have raised a total of more than $985 million since early 2017, consistently outpacing the totals for the DNC and President Barack Obama during the 2012 election cycle.

During the same point in time in the 2016 election, the Trump campaign had raised $68 million and the Hillary Clinton campaign had raised $250 million.

Biden led Trump by 9.3 points on July 2 in an average of polls maintained by Real Clear Politics. On the same date during the 2016 presidential election, Clinton led Trump by 4.5 points.

The Trump campaign recorded a single-day fundraising record of $14 million on the presidents birthday, June 14. The Biden campaign raised $7.6 million during a virtual fundraiser with Obama on June 23.

Biden is the presumptive Democratic nominee. He is exRead More From Source