Trump Raises Millions in Second Quarter Fundraising

It was announced on Tuesday that President Trump’s re-election campaign and the Republican National Committee (RNC) together had raised $105 million during the second quarter of this year.

This is the most any president or presidential candidate has ever raised for a campaign in just one quarter, and exactly the kind of reward Trump was expecting from his fund-raising reports.

The campaign and the RNC say they have a combined $100 million on hand in cash. According to the campaign, Trump and his committees raised about $54 million and the RNC raised an additional $51 million. In the first quarter of the campaign, both Trump and the RNC raised about $30 million.

In this quarter they raised more money online than they did in the entire first half of 2018. It has not yet been released just how many donors they have or what amounts those added up to be.

That information, as well as others, will be included in the official report to be filed with Federal Election Commission or FEC later in July. However, much of these funds are said to be allocated for get-out-the-vote efforts, digital and television advertising, and other campaign activities for the 2020 election.

This is more than Barack Obama raised during the same period in his re-election campaign, which, at the time, was the most impressive amount any president had ever raised.

His campaign raised $47 million, while the Democratic National Committee hauled in $38 million for a combined total of $85 million, according to the Obama campaign manager, Jim Messina.

Brad Parscale, Trump’s campaign manager, says, “Our massive fundraising success is a testament to the overwhelming support for President Trump.”

And that “no Democrat candidate can match this level of enthusiasm or President Trump’s outstanding record of results.”

However, the president and Parscale are the only ones who have been working hard to raise these funds. Ronna McDaniel, who is chairwoman of the RNC, is well-known for her aggressive fundraising abilities.

She says, “Our grassroots army is already hard at work – putting us in prime position to re-elect President Trump and the Republican across the country.”

The massive amounts collected are also proof of a campaign that runs much more professionally than in previous years.

During the 2016 elections, President Trump raised a significant amount of money through small online donors. However, he also used millions of his own money for the campaign.

This year’s funding is much different. From Trump’s campaign base camp in Arlington, VA, he and the RNC have been able to “identify troves of new supporters online and continue investing in our unprecedented field program,” according to Ms. McDaniel.

As president, he also has the donor base of the party completing in command, unlike in 2016.

The only other presidential candidate to have released their fundraising totals for the quarter is Democratic Pete Buttigieg, the Mayor of South Bend, Indiana.

On Monday, his campaign announced they had raised about $24.8 million during the second quarter.

Considering that the man was largely unknown only six months ago, this number is quite significant. According to his report, he has been able to steal quite a few of the demented party’s more traditional donors, putting him in a good position to possibly overtake the racist, former Vice President Joe Biden – the current leader in the polls.

Other Democratic candidates have also reported seeing a spike in funding after last week’s first primary debate. Democrat Senator Kamala Harris from California, for example, claims she raised $2 million in the 24 hours right after her confrontational debate presence, in which touted her past hardships as a reason why she would be best for the White House.

However, neither she nor anyone else has released their fundraising numbers for the quarter as a whole. The candidates have until July 15th to file their fundraising reports with the FEC.

In any case, the amounts raised by Trump and RNC, both stored and cash on hand, will make for a rather daunting race for whoever the Democratic party chooses as their primary candidate.