Hillary Clinton Raises $70 Million In June Alone
Hillary Clinton’s campaign raised nearly $70 million for itself and the Democratic National Committee for the just-concluded month of June:
Hillary Clinton’s campaign reported Friday that it had raised more than $68.5 million for Hillary for America, the Democratic National Committee and state parties in the month of June.
Of that total, $40.5 million went to the campaign, while the remaining $28 million went to the DNC and state parties through the Hillary Victory Fund and the Hillary Action Fund, putting Clinton’s total cumulative fundraising at $288 million for the campaign and $90 million for the joint fundraising agreements. Clinton begins July with more than $44 million on hand, with an average donation of $48 to the campaign itself.
Clinton’s campaign began the month of June with more than $42 million on hand, while Donald Trump’s campaign reported just $1.3 million but has ramped up fundraising efforts in recent weeks. Trump’s campaign has not reported totals for June as of Friday afternoon.
If the reports over the past several weeks are any indication, we can expect that Donald Trump’s fundraising for this same period won’t be anything near this figure. In part, this is due to the fact that Trump’s campaign did little to develop a fundraising network during the primary campaign and did not rely on raised dollars during the course of the campaign. Instead, the primary battle saw Trump rely on a combination of free media and money that he personally invested in the campaign, although not necessarily on the scale he had said he would when the campaign began a year ago. Trump has said he was going to rely on donations during the General Election campaign, and has held several fundraisers already, including events planned by the Republican National Committee. It’s expected, though, that the amount of money raised will pale in comparison to Clinton’s figures, which is one of the many reasons Trump is fast becoming an underdog in this race. Unless he can turn the money race around, there could be little left for th Trump campaign to compete with.