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Kamala Harris Outraises Trump by $145M in August, Securing Crucial Financial Edge

Kamala vs trump CFN
  • Kamala Harris raised $189M in August, quadrupling Trump’s $44M, giving her a major cash advantage ahead of the November election.
  • Harris and the DNC spent $258M in August, outpacing Trump’s $121M, focusing on an aggressive advertising strategy.
  • After a debate boost, Harris saw a $47M donation surge within 24 hours from nearly 600,000 donors, strengthening her campaign finances.

Vice President Kamala Harris outperformed former President Donald Trump in August fundraising, ending the month with a major cash advantage. According to new filings from the Federal Election Commission (FEC), the Harris campaign raised over $189 million in August, far surpassing the $44 million collected by Trump’s team. This surge gave the Harris campaign the financial upper hand in the final stretch toward the November election.

Harris Campaign Sees Massive August Haul

Notably, Harris’s August fundraising total was part of a larger $361 million raised in conjunction with the Democratic National Committee (DNC) and associated committees. By contrast, the Trump campaign, alongside its joint fundraising operations, secured $130 million. These figures reflect campaign donations specific to each candidate’s main accounts but exclude other financial contributions.

In addition to leading in overall fundraising, Harris gained momentum after her debate with Trump. The Harris campaign reported a $47 million boost in donations within 24 hours following the debate, driven by nearly 600,000 individual donors. Despite this, Trump’s camp remains confident in its strategy for the remainder of the campaign.

Spending Battle Intensifies Between Campaigns

Beyond fundraising, the Harris campaign also dominated spending in August. Harris and the DNC jointly spent $258 million, outpacing the $121 million spent by Trump and the Republican National Committee (RNC). Much of this spending was directed toward a robust advertising push across television and digital platforms.

Furthermore, as Harris continued to expand her outreach, the campaign erased Trump’s previous financial lead. Trump had previously maintained a strong fundraising advantage until Biden exited the race. However, Harris quickly flipped the donation gap in favor of Democrats, fueling an aggressive spending strategy.

Cash Reserves Heading Into Final Weeks

Heading into the final phase of the election, Harris held a significant advantage in available funds. As of the end of August, the Harris campaign reported $404 million in cash on hand, surpassing Trump’s $295 million. However, the Trump campaign emphasized that their financial position would be sufficient to power them through the final weeks, citing momentum from the August fundraising efforts.

Despite Trump’s refusal to participate in a second debate, Harris has accepted an invitation for another on October 23. The campaigns are preparing for an intense final sprint as the election draws near.

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