Trump is reeling in the polls and is so far behind in cash right now it may be insurmountable. The excitement is real. People are putting the money where there mouth is. Harris out raised Trump by 4:1 last month ($204M vs only $48M). And that is without her convention bounce which will be big. And that doesnt count the drain of legal fees from Trump's numbers.
Vice President Harris' campaign brought in $204 million last month — four times more than the $48 million that former President Trump's campaign
raised in the same span,
new FEC filings show.
Why it matters: Harris' fundraising exploded in the weeks after she entered the 2024 race. Her cash edge gives her a cushion in the crucial final months of the campaign.
State of play: Harris announced earlier this month that her campaign and affiliated committees raised $310 million in July, more than double the $138.7 million that Trump and his committees brought in.
- The campaigns are able to tap into fundraising by affiliated committees and parties, but the money brought in by just the campaign can be helpful with advertising. Campaigns get discounts on TV ads, while parties and other groups have to pay full price, Reuters notes.
- Both campaigns have aggressively ramped up their ad spending in recent weeks as they race to define Harris.