Trump And RNC Raise $105 Million In Second Quarter

President Trump And the RNC raised a record amount in the second quarter of the year.

President Trump and the RNC raised more than $105 million during the just-concluded second quarter, surpassing a record set by former President Obama and the DNC:

WASHINGTON — President Trump’s re-election campaign and the Republican National Committee on Tuesday said they had raised $105 million in the second quarter of this year, dwarfing what President Barack Obama raised in the equivalent period during his re-election campaign.

The campaign and the R.N.C. said they had a combined $100 million in cash on hand, and that they had raised more money online in the second quarter than in the first half of 2018. The staggering total figure can be plowed into television and digital advertising, get-out-the-vote efforts and other activities related to the 2020 election.

Mr. Trump and his committees raised $54 million, they said, and the R.N.C. raised $51 million. The campaign officials did not say how many individual donors had contributed, or how many gave money in increments of $200 or less. The official report, which will include spending, will be filed with the Federal Election Commission on July 15.
Mr. Trump has not sought to restrict who can give money to his campaign.

The president’s campaign manager, Brad Parscale, called it a “massive fund-raising success” based on enthusiasm for Mr. Trump’s record, which he said no Democratic candidate could match.

Ronna McDaniel, the chairwoman of the R.N.C., said the fund-raising allowed the committee to “identify troves of new supporters online and continue investing in our unprecedented field program.”

For a president who values large numbers and has told aides that he wants record-breaking fund-raising reports, the figures are expected to be particularly rewarding.

And the amount of money that was both raised and stored away will be daunting for Mr. Trump’s eventual challenger, underscoring the benefits of incumbency.

In 2011, during the same period, Mr. Obama’s re-election campaign raised $47 million, and the Democratic National Committee brought in $38 million, Jim Messina, the Obama campaign manager, said at the time.

The advantage that the President has over his Democratic rivals, of course, is the fact that his fundraising can be essentially exclusively for the 2020 General Election campaign rather than having to worry about splitting fundraising between a primary campaign and a General Election campaign. While former Massachusetts Governor Bill Weld is running against the President, he’s unlikely to pose enough of a challenge for the President to have to worry about spending anything above a relative pittance to secure the GOP nomination. This means his war chest will be essentially full when the 2020 campaign begins after the respective party conventions. Democrats, on the other hand, will have to worry about splitting fundraising between two campaigns as they struggle to be the one candidate out of 24 who ends up winning the right to face Trump in the fall.

No doubt, we’ll see bigger numbers than this as 2019 and 2020 go on.

FILED UNDER: Campaign 2020, Donald Trump, Politicians, US Politics
Doug Mataconis
About Doug Mataconis
Doug holds a B.A. in Political Science from Rutgers University and J.D. from George Mason University School of Law. He joined the staff of OTB in May 2010. Before joining OTB, he wrote at Below The BeltwayThe Liberty Papers, and United Liberty Follow Doug on Twitter | Facebook

Comments

  1. Teve says:

    $85 million in 2011 would be $96.77 million today so I’m not sure $105 million “dwarfs” it, but it’s clearly the case that the GOP is all aboard the Trump Train.

    6
  2. Hal_10000 says:

    This is why I keep saying the 2020 election is anything but a sure thing.

    2
  3. CSK says:

    @Hal_10000: For Trump or the Democratic candidate?

  4. Modulo Myself says:

    Trump’s campaign is strictly a pass-through. That guy Parscale looks like he fronts a couple of strip clubs outside of Dallas and is trying to break into internet porn. This is not a legit campaign, even by political standards and the Democrats should not be worried about Trump’s money or his ‘strategy’ of babbling about homeless people or whatever comes to his mind. Except for voter suppression and outright cheating, they got nothing.

    3
  5. Slugger says:

    I plan to vote for the candidate who has the fewest ads.

    1
  6. Teve says:

    @Slugger: On FB I block every candidate ad account the moment I see them. I’m not going to get 280 ads a day for the next 16 months.

  7. wr says:

    Wait, you’re saying the guy whose sole governing philosophy has been to give all the nation’s resources to a tiny group of super-rich people and corporations is somehow raising a lot of campaign money? What a shocker!!!

    5
  8. Scott F. says:

    @Hal_10000:

    Trump has a lot of advantages, including incumbency and a strong economy, so having so much money for his campaign should put him in a very strong position. But, no amount of money can help sell a product that people don’t want to buy. A continuation of the slow leak of impeachable offenses coupled with an even modest economic downturn, then suddenly Trump is formidably weak.

  9. Teve says:

    Wait, you’re saying the guy whose sole governing philosophy has been to give all the nation’s resources to a tiny group of super-rich people and corporations is somehow raising a lot of campaign money? What a shocker!!!

    it is kind of amazing to me that more people haven’t figured out that the Republican party is just a complete scam to take money from their voters (and everyone else) and give it to their donors.

    1
  10. al Ameda says:

    @Hal_10000:

    This is why I keep saying the 2020 election is anything but a sure thing.

    I think that Trump should be favored until further notice.
    The fact that he ‘won’ in 2016 should be sobering enough to anyone who wants him out.

    5
  11. Jim Brown 32 says:

    @al Ameda: I’ve always felt that Trump WILL win reelection. Democrats do not have a complete candidate that can capture the psyche of the nation. Trump is an entertainer–he didn’t roll the Republican bench of wanna-be Presidents and mind trick R voters by accident.

    The Democratic field is a stable of formidable Cabinet heads and, in Biden’s case, VPs. There is no “Don” (pun intended) amongst then.

    1
  12. wr says:

    @Jim Brown 32: “The Democratic field is a stable of formidable Cabinet heads and, in Biden’s case, VPs. There is no “Don” (pun intended) amongst then.”

    As has been said about every single set of candidates in every race for president for decades. And then there’s a nominee, and suddenly he or she looks “presidential.”

    1