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Yo_Mama_Been_Loggin

(108,033 posts)
Wed Sep 2, 2020, 10:57 PM Sep 2020

Biden raises a record-shattering $364 million in August

WASHINGTON — Democratic presidential nominee Joe Biden raised $364.5 million in August for his campaign and his joint committees with the Democratic Party, a staggering amount that exceeds any single month fundraising in previous presidential general elections.

The huge figure reflects both excitement with Biden’s choice of Sen. Kamala Harris of California to be his running mate and the fundraising boost traditionally provided by party nominating conventions, which both Democrats and Republicans held virtually in August.

To put the number in perspective, in August of 2016 then-nominees Hillary Clinton and Donald Trump raised a combined total of $233 million, $90 million for Trump and the GOP, and $143 million for Clinton and the DNC. In 2008, Republican nominee John McCain raised just $383 million over the course of his entire campaign.

Direct comparisons are complicated, however, by the fact that campaign finance rules have shifted over the past 15 years to allow candidates and committees to raise much more money from donors than they ever could before.

https://www.cnbc.com/2020/09/02/election-2020-biden-raises-a-record-shattering-364-million-in-august.html

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