President Donald Trump and Republicans are posting significantly larger fundraising totals than 2020 Democratic opponents and the Democratic Party.
The Republican National Committee (RNC) raised a total $20.8 million in June, the most ever for that month outside of an election year. The Democratic National Committee (DNC) raised just $8.5 million.
|Party||June||Q2||Debt||Cycle to Date|
It’s not clear how much the DNC raised in the second quarter (Q2) 2019. But the RNC took in $51 million, more than the $45.8 million Republicans raised in Q1 2019. Republican have far more cash-on-hand and no debt.
Since RNC Chairwoman McDaniel took the helm at the beginning of 2017, the party raised more than $400 million. By comparison, the DNC hauled in $212 million during that period. The RNC raised $97.1 million for the cycle and boasted a whopping $43.5 million cash-on-hand in June.
Meanwhile, 2020 Democratic hopefuls continue to lag behind President Trump in fundraising, with the president raising the vast majority from low-dollar contributions.
|Donald J. Trump||$54|
Combined, the Trump Campaign and RNC joint fundraising efforts raised $105 million in Q2. A $54 million fundraising haul came from the campaign and committees, roughly $10 million more than the combined total of the five leading Democratic candidates.
President Trump raised a record $24.8 million for his re-election campaign in less than 24 hours of his announcement in June, more than four of those candidates’ totals for the entire quarter.
As People’s Pundit Daily (PPD) previously reported, roughly 98.5% of contributions to the Trump Campaign in Q4 2018 came from donations of $200 or less. In Q1 2019, that percentage ticked slightly higher to 98.79%.
The Q4 2019 total was nearly $10 million more than Q4 2018. The Trump Campaign had nearly 21 times more cash-on-hand than the Obama Campaign at that point in the re-election cycle.
The Trump Campaign and RNC’s joint fundraising committees have added 100,000 new small donors so far in 2019, and more than one million new small donors since Inauguration Day.