If the Dems thought that their impeachment debacle would hurt President Trump’s re-election campaign, they were in for a big shock this week. It was announced on Thursday that the Trump campaign raised $46 million in the fourth quarter of fundraising. Trump has raised more money than any of the Democratic candidates. Here’s where the big players stand.
The Trump campaign currently has $102.7 million in cash, which does not include money raised by the Republican National Committee (RNC). The RNC raised $125 million in the third quarter.
The total amount raised in 2019 by the President’s campaign was $143 million. His campaign manager, Brad Parscale, said:
“President Trump’s unprecedented fundraising is testament to his wide grassroots support and his stellar record of achievement on behalf of the American people.”
The only Democrat that came close to Trump’s amount was Sen. Bernie Sanders (D-VT). His campaign recently revealed that it raised $34.5 million in the fourth quarter of fundraising. Sanders is the top candidate when it comes to donations, followed by Pete Buttigieg, who raised almost $10 million less.
I'm excited to share that we raised $22.7 million this last quarter — our biggest quarter so far this campaign! Thank you to everyone who chipped in what you could — your support means the world to me. You truly are the heart of our campaign. pic.twitter.com/L53z9YbLsX
— Joe Biden (@JoeBiden) January 2, 2020
Former Vice President Joe Biden is in third place, raising $22.7 million. This has been the best fundraising quarter for him so far. While his campaign hasn’t released how much money they have on hand going into the Iowa caucus, in September the amount was only $9 million.
Sen. Elizabeth Warren raised slightly less than Biden, with $21.2 million in the fourth quarter. Warren has made it a point to use grass-root tactics to raise money, staying away from high-dollar events and wealthy contributors, something that Buttigieg and Biden are both taking advantage of. At an event in New Hampshire this week, Warren said, “Our democracy really is on the line, and if the only way you can become the Democratic nominee is to be a billionaire or suck up to the billionaires, then look out America.”
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