Kamala Harris's Campaign Outraises Donald Trump's in August

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ICARO Media Group
Politics
21/09/2024 18h56

Kamala Harris's presidential campaign and the Democratic National Committee have emerged as front-runners in fundraising, according to the latest data from the Federal Election Commission. In August, they secured a staggering $257 million, showcasing a significant advantage over Donald Trump and the Republican National Committee, who trailed behind with $85 million in funds raised during the same period. This financial edge has been noteworthy since Joe Biden withdrew from the re-election race in July, propelling Harris as the nominee for the White House.

The latest figures indicate that Harris and her running mate, Tim Walz, alongside the Democratic National Committee, have a total of $286 million at their disposal for the final two months leading up to the November 5th election. In contrast, Trump's campaign and the Republicans reported having $214 million in their war chest. This substantial cash disparity empowered Harris's team to ramp up spending significantly, with FEC disclosures revealing a $174 million expenditure on the Harris-Walz campaign in August, nearly triple the $61 million spent by the Trump campaign.

A breakdown of the spending reveals a stark contrast: Harris and the Democrats allocated $258 million towards their campaign last month, overshadowing Trump and the Republicans who invested $121 million in advertising and operational costs, exceeding their monthly fundraising by $36 million. Despite Harris's financial advantage enabling an extensive ad campaign, both national and swing state polls suggest a closely contested race. Both campaigns emphasized that the bulk of their expenses were directed towards ads, with additional funds earmarked for rallies, travel, and staff salaries.

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