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The Wise And Powerful
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PostSubject: Re: Campaign Financing   Campaign Financing EmptySun Jul 21, 2019 8:13 am

Trump campaign, RNC announce $105M fundraising haul, blowing past Dem candidates
By Brooke Singman | Fox News | July 2, 2019

The Trump campaign announced Tuesday that its re-election operation raised a whopping $105 million in the second quarter, a figure that blows past what the Democratic candidates have been pulling in.

As for their war chest, the campaign reported it had $100 million in cash on hand.

President Trump raised a large chunk of that -- $24.8 million -- in the 24 hours after his 2020 re-election campaign launch last month. The figures revealed Tuesday indicate fundraising has been steady throughout the quarter.

RNC'S MCDANIEL SAYS 'RADICALIZATION' OF DEM PARTY ON 'FULL DISPLAY' AT DEBATES

“Our massive fundraising success is a testament to the overwhelming support for President Trump,” Trump campaign manager Brad Parscale said in a statement Tuesday. “No Democrat candidate can match this level of enthusiasm or President Trump’s outstanding record of results.”

The figures cover money raised through a joint effort involving the Republican National Committee, and joint-fundraising committees Trump Victory and Trump MAGAC (Make America Great Again Committee). The Trump campaign and his committees brought in $54 million in the second quarter, with the RNC bringing in $51 million.

According to the Trump campaign, all three fundraising entities “doubled their digital investment” during the second quarter, and raised more online in the second quarter than the entire first half of 2018. The Trump campaign also said they raised $35 million into their digital efforts in the second quarter.

“Our grassroots army is already hard at work—putting us in prime position to re-elect President Trump and Republicans across the country,” RNC Chairwoman Ronna McDaniel said Tuesday.

TRUMP CAMPAIGN RAKES IN STUNNING $25M IN SINGLE DAY FOR RE-ELECTION LAUNCH

Trump benefits from being the only major Republican running so far, aside from a long-shot primary challenge mounted by former Massachusetts Gov. William Weld. Democrats, by contrast, are running as part of a historically large field and must divvy up the donor base.

Now that he's president, Trump's lean 2016 campaign pales by comparison. By the third quarter of 2015, Trump raised $5.8 million and spent $5.4 million, and only reported having $255,000 cash on hand.

A few Democratic candidates have posted big numbers to date this year, but nothing approaching what the incumbent president is able to do.

While most candidates have not yet reported their second-quarter figures, South Bend, Ind., Mayor Pete Buttigieg reported raising $24.8 million in the last three months. Former Vice President Joe Biden hinted two weeks ago that his campaign had raked in nearly $20 million since he declared his candidacy in late April.

Sen. Bernie Sanders reported raising $24 million in the second quarter.
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The Wise And Powerful
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Campaign Financing Empty
PostSubject: Re: Campaign Financing   Campaign Financing EmptySun Jul 21, 2019 8:14 am

2020 PRESIDENTIAL ELECTION | Published 3 hours ago | Last Update 2 hours ago
Republicans raise $20.7M in June -- more than double Dems' $8.5M haul
By Brie Stimson | Fox News

South Bend, Indiana Mayor Pete Buttigieg out raises all other 2020 Democratic hopefuls in Q2 of 2019.

The Republican National Committee raised more than twice as much as the Democratic National Committee in June – $20.7 million compared to the DNC’s $8.5 million, according to Federal Election Commission filings, Politico reported.

“Our record-smashing fundraising haul is a testament to the ongoing enthusiasm for President Trump and the pro-growth agenda that is delivering for every American across this country," GOP Chairwoman Ronna McDaniel said in a statement to Fox News last week.

The RNC currently has $43.5 million, more than double the cash on hand as the DNC’s $9.3 million.

TRUMP CAMPAIGN, RNC ANNOUNCE $105M FUNDRAISING HAUL, BLOWING PAST DEM CANDIDATES

The DNC spent heavily on events related to the debates and the presidential candidates last month, including $221,000 for catering and $61,000 for event decorations for a total of $7.5 million, according to Politico.

“They need to get their shit together. Now,” Adam Parkhomenko, a former DNC national field director, told Vice.

“When Hillary became the nominee in 2016 she was handed nothing, the DNC was nothing and there was nothing to build on. You’d think we would have spent the last few years making sure this would never happen again, and it has,” he said.

The RNC has already spent $60 million on digital operations and $10 million on advertising and building a ground game, according to Vice.

“This is a real problem that our party and the major donors are not facing,” Nebraska Democratic Party Chair Jane Kleeb told the publication.

The Trump campaign reported $56 million cash on hand at the end of June compared to just $24.8 million for Pete Buttigieg, the top Democratic fundraiser.
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