Vice President Kamala Harris' political team has again surpassed $300 million in fundraising, more than double what former President Donald Trump raised in August.
The Harris campaign raised $361 million last month, and the campaign, joint committees and the Democratic National Committee had $404 million in cash through August, the campaign said.
By comparison, the Trump campaign and allied committees announced they had raised $130 million in August, down from the $138.7 million they raised in July. The Trump campaign had $295 million in cash at the end of August.
“In just a short period of time, Vice President Harris' candidacy has galvanized a historic, broad and diverse coalition with the passion, energy and grit to win a close election,” campaign manager Julie Chavez Rodriguez said in a statement.
“We are committed to rallying together a coalition to defeat Donald Trump once and for all.”
Since Harris' sudden rise to the top, her campaign has raked in a massive $615 million, with the campaign calling August its “biggest month of the 2024 election cycle.”
That's up from last week, when her campaign confirmed she had received votes. $540 million This comes just over a month after President Biden dropped out of the election race.
The Harris campaign touted August as the “biggest grassroots fundraising month in presidential history,” and it comes after a massive $310 million was raised through the vice president's campaign and related committees in July.
In July, the Harris-Waltz campaign and its affiliated committees passed the $1 billion threshold at a historically fast pace.
“Since Vice President Harris announced her candidacy in July, one thing has been clear: voters are excited and eager to put her in the Oval Office,” Democratic National Committee Chairman Jaime Harrison said in a statement.
Harris received several significant boosts in August, including the announcement of Minnesota Governor Tim Walz (D) as her running mate (which had the third-best grassroots campaigning day of the campaign so far) and the Democratic National Convention in Chicago.
Her campaign claims that “five of the campaign's top 10 grassroots days occurred in August.”
Her team said donations came from nearly 3 million donors, including “1.3 million donors who gave for the first time this season.”
Notably, about 60% of donors in August were women, and about a fifth were Republicans or independents.
Roughly 95% of donations during that month were under $200, but 98% of donations to the Trump campaign were under $200.
While Trump's top pollsters have predicted that Harris will enjoy a honeymoon of sorts in the polls after taking the lead over Biden, the former president's campaign has tried to argue that momentum is fading. Harris' supporters have pointed to the huge vote count as evidence that her momentum is not waning.
In a show of financial confidence, the Harris-Waltz campaign and the Democratic National Committee announced plans this week to spend $25 million on lower-district races aimed at bolstering Democratic support.
Previously, the Trump campaign and its allies had outspent the Harris campaign in Pennsylvania, Georgia, Arizona and North Carolina between July 22 and August 25. According to ad tracking company Ad Impact and NPR.
But the Harris-Walz campaign appears to be preparing to pour a lot of money into battleground states, with the former president's team appearing to have its sights set on Pennsylvania and Georgia.
Harris' team plans to spend $370 million on advertising across both digital and television from Labor Day through Election Night.
Meanwhile, the Trump campaign is trying to convey confidence that it is well prepared as the election approaches its final stages.
“With the Republican Party uniting and a growing number of independents and disaffected Democrats across party lines, the Trump-Vance team is emboldened as we head into the final stages of the race,” Brian Hughes, a senior adviser to the Trump campaign, said in a statement.
“August's fundraising numbers reflect that movement, and bringing President Trump's America First movement back to the White House could reverse Harris and Biden's abject failure.”
Trump has so far lagged behind Biden and Hillary Clinton in fundraising, but Harris has declared she is the “underdog” in the race.
Harris and Trump are scheduled to face off in a debate hosted by ABC News in Philadelphia on September 10.
Ahead of the argument, Harris is expected to go all out in preparation.
