• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

New report shows clear frontrunner in Harris, Trump campaign cash race

by October 21, 2024
written by October 21, 2024

With 15 days until Election Day in November, polls point to a margin-of-error race for the White House between Vice President Kamala Harris and former President Trump.

But in the dash for campaign cash – another key metric in presidential politics – there is one very clear frontrunner: Harris.

The vice president entered the final full month of the campaign with a massive financial advantage over the former president, according to new federal fundraising filings late Sunday.

The Harris campaign hauled in $221.8 million in September, according to the filings, more than triple the $63 million brought in by the Trump campaign last month.

Roughly a quarter of the money raked in by the vice president came during celebrity-studded fundraisers in Los Angeles and San Francisco at the end of last month.

Harris has vastly outraised and outspent Trump since replacing President Biden atop the Democrats’ 2024 ticket three months ago, and that trend continued in September. The largest expense by the Harris campaign was for paid media – mostly to run ads.

But the vice president still enjoyed a large cash-on-hand advantage over Trump entering October.  

The Harris campaign reported $187 million in its coffers at the end of September, compared to $119 million for the Trump campaign.

The fundraising totals reported by the two major party campaigns don’t include additional money raked in by the two national party committees, other affiliated organizations – both campaigns use a slew of affiliated fundraising committees to haul in cash – or aligned super-PACs supporting Harris and Trump.

The Biden campaign and the Democratic National Committee enjoyed a fundraising lead over Trump and the Republican National Committee earlier this year. But Trump and the RNC topped Biden and the DNC by $331 million to $264 million during the second quarter of 2024 fundraising.

Biden enjoyed a brief fundraising surge after his disastrous performance in his late June debate with Trump as donors briefly shelled out big bucks in a sign of support for the 81-year-old president.

But Biden’s halting and shaky debate delivery also instantly fueled questions about his physical and mental ability to serve another four years in the White House and spurred a rising chorus of calls from within his own party for the president to end his bid for a second term. The brief surge in fundraising didn’t last and, by early July, began to significantly slow down. 

Biden bowed out of the 2024 race on July 21, and the party quickly consolidated around Harris, who instantly saw her fundraising soar, spurred by small-dollar donations.

The Harris campaign on Sunday spotlighted its grassroots donors, as it announced that 95% of its donations in the past three months were under $200.

This isn’t the first time Trump’s faced a fundraising deficit. He raised less than 2016 Democratic presidential nominee Hillary Clinton in his White House victory and Biden four years ago in his re-election defeat.

When asked about the fundraising deficit, Republican National Committee chair Michael Whatley told Fox News Digital last month that ‘the Democrats have a ton of money. The Democrats always have a ton of money.’

However, he emphasized that ‘we absolutely have the resources that we need to get our message out to all the voters that we’re talking to and feel very comfortable that we’re going to be able to see this campaign through and we’re going to win on Nov. 5.’

The presidential campaigns later this week will give us another look at their finances – as they’re required on Thursday to file reports to the Federal Election Commission for their fundraising for the first 16 days of October.

Fundraising, along with polling, is a key metric in campaign politics and a measure of a candidate’s popularity and their campaign’s strength. The money raised can be used to – among other things – hire staff, expand grassroots outreach and get-out-the-vote efforts, pay to produce and run ads on TV, radio, digital and mailers, and for candidate travel.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Spirit AeroSystems to furlough 700 workers as Boeing machinist strike continues
next post
Boeing workers to vote on new proposal that could end strike

related articles

Trump denounces court’s ‘political’ tariff decision, calls on...

May 30, 2025

President Trump teases ‘last day, but not really’...

May 30, 2025

State Dept says DOGE’s changes will be permanent...

May 30, 2025

Jill Biden should have to answer for ‘cover...

May 29, 2025

DOGE staffing shakeup as Elon Musk hangs up...

May 29, 2025

Hawley urges DOJ probe of Chinese trucking company

May 29, 2025

Less than half of DOGE-terminated contracts can be...

May 29, 2025

Flashback: Top five wildest moments from Elon Musk’s...

May 29, 2025

Sen Ron Johnson suggests he may not run...

May 29, 2025

Justice Department tells American Bar Association it will...

May 29, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Biden family misled public, concealed details on son Beau’s cancer diagnosis, new book says

    May 21, 2025
  • Biden administration seeks to avoid default crisis for student loan borrowers as garnishments resume

    January 16, 2025
  • One-man Cabinet: Marco Rubio went from rival to Trump’s point man, but can he handle it?

    May 8, 2025
  • Cryptocurrencies Prices UK: Market Update for July 2024

    July 22, 2024
  • Dems’ Gaetz outrage follows long history of questionable DOJ acts under Biden

    November 19, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (4,723)
  • Investing (624)
  • Stock (773)

Latest Posts

  • USDCAD and USDCNH: USDCAD erased last week’s losses

    September 3, 2024
  • Who is Yahya Sinwar? The Israeli prisoner turned terrorist Hamas leader who is suspected dead

    October 17, 2024
  • ‘Dead of night’: Dems accuse GOP of cowardice over late-night votes on Trump’s ‘big, beautiful’ budget bill

    May 20, 2025

Recent Posts

  • Defunding DEI: Here’s how the Trump administration has undone Biden’s very prized programs

    April 27, 2025
  • ‘Deregulatory flavor’: JD Vance lays out vision in Paris for the future of AI under Trump

    February 11, 2025
  • The Hitchhiker’s Guide to the House voting to avoid a government shutdown today

    March 11, 2025

Editor’s Pick

  • Trump names latest Cabinet picks as Jan. 20 inauguration nears

    January 10, 2025
  • Apple Pay down: users report Apple Cash issues disrupting payments across platforms

    January 9, 2025
  • Project 2025 remains nonpartisan, true to 1980s good-gov’t inception despite raucous outcry, key figures say

    September 3, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock