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Vice President Kamala Harris raked in a staggering $361 million in fundraising in August, her marketing campaign introduced on Friday morning, in what it touted was “the biggest haul of the 2024 cycle.”
The fundraising by the Democratic Occasion’s presidential nominee was practically triple the $130 million that the Donald Trump marketing campaign introduced on Wednesday that the previous president introduced in final month.
Harris has loved a fundraising surge within the practically seven weeks since she changed President Biden on the prime of the Democratic Occasion’s 2024 ticket.
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Vice President Kamala Harris speaks throughout a marketing campaign occasion in Detroit, Michigan, US, on Monday, Sept. 2, 2024. (Emily Elconin/Bloomberg by way of Getty Pictures)
The vice chairman’s marketing campaign highlighted that Harris has introduced in over $615 million in fundraising since July 21, when Biden, in a blockbuster announcement, ended his re-election marketing campaign and endorsed his operating mate.
The Harris marketing campaign additionally touted August’s haul was “one of the best grassroots fundraising month in presidential historical past.”
The vice chairman’s staff additionally showcased what it known as “a large battle chest,” reporting $404 million cash-on-hand as of the tip of final month. That is over $100 million greater than the $295 million the Trump marketing campaign mentioned it had in its coffers.
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Harris’ August haul was up from the $310 million the Democratic ticket introduced in throughout July, whereas Trump’s fundraising final month was barely down from the $138.7 it raised in July.
“In simply a short while, Vice President Harris’ candidacy has galvanized a history-making, broad, and various coalition – with the kind of enthusiasm, vitality, and grit that wins shut elections,” Harris marketing campaign supervisor Julie Chavez Rodriguez mentioned in a press release. “As we enter the ultimate stretch of this election, we’re ensuring each hard-earned greenback goes to profitable over the voters who will resolve this election.”
Republican presidential nominee former President Donald Trump speaks throughout a rally at 1st Summit Area on the Cambria County Struggle Memorial, in Johnstown, Pa., Friday, Aug. 30, 2024. (AP Picture/Rebecca Droke) (AP Picture/Rebecca Droke)
The previous president’s staff on Wednesday, in a press release revealing its fundraising figures, mentioned that it is cash-on-hand ensured that it had “the assets wanted to propel President Trump’s marketing campaign to victory.”
The Biden marketing campaign and the Democratic Nationwide Committee loved a fundraising lead over Trump and the Republican Nationwide Committee earlier this yr. However Trump and the RNC topped Biden and the DNC by $331 million to $264 million throughout the April-June second quarter of 2024 fundraising.
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Biden loved a short fundraising surge after his disastrous efficiency in his late June debate with Trump, as donors briefly shelled out large bucks in an indication of assist for the 81-year-old president.
This mix of photographs taken at marketing campaign rallies in Atlanta exhibits Vice President Kamala Harris on July 30, 2024, left, and Republican presidential candidate former President Donald Trump on Aug. 3. (AP Pictures)
However Biden’s halting and shaky debate supply additionally immediately fueled questions on his bodily and psychological skills to serve one other 4 years within the White Home – and spurred a rising refrain of calls from inside his personal celebration for the president to finish his bid for a second time period. The temporary surge in fundraising did not final and, by early July, started to considerably decelerate.
Fundraising, together with polling, is a key metric in marketing campaign politics and a measure of a candidate’s reputation and their marketing campaign’s power. The cash raised can be utilized – amongst different issues – to rent workers, develop grassroots outreach and get-out-the-vote efforts, pay to provide and run adverts on TV, radio, digital and mailers, and for candidate journey.
Get the most recent updates from the 2024 marketing campaign path, unique interviews and extra at our Fox Information Digital election hub.
Paul Steinhauser is a politics reporter primarily based in New Hampshire.
2024 Money Sprint: Harris practically triples Trump’s fundraising final month
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