Economy

Harris-Trump cash dash: This presidential candidate holds fundraising edge in final stretch

Vice President Kamala Harris entered the final stretch of the 2024 race for the White House with a large fundraising advantage over former President Trump, new federal filings show.

Harris hauled in nearly $190 million in fundraising for her 2024 campaign in August, more than quadrupling the $44.5 million that Trump’s team reported bringing into his principal campaign account last month — this according to figures from the Federal Election Commission made public on Friday.

The Harris campaign also vastly outspent the Trump campaign last month, as it dished out roughly $174 million. Much of those expenditures went to creating and running ads, as the campaign aimed to familiarize Americans with Harris after she replaced President Biden on the Democrats’ 2024 ticket two months ago.

The Trump campaign, by comparison, listed just $61 million in expenditures, with most of the spending going toward media buys.

But despite the Harris spending spree, the vice president’s campaign entered September with $235 million cash-on-hand, far ahead of the $135 million Trump’s coffers, according to the FEC filings.

The latest cash figures are another sign of the vice president’s surge in fundraising since becoming her party’s standard-bearer.

Both the Harris and Trump campaigns use a slew of affiliated fundraising committees to haul in cash, and those panels file their reports on a different schedule.

The Harris campaign announced earlier this month that they and their allied committees hauled in $361 million in August — nearly triple the $130 million reported raised by the Trump campaign and its aligned committees.

The vice president’s team also touted that Harris hauled in $47 million from nearly 600,000 donors in the 24 hours after her first and potentially only debate with Trump, which took place earlier this month in Philadelphia.

When asked about the fundraising deficit, Republican National Committee chair Michael Whatley told Fox News Digital in the debate spin room earlier this month that ‘the Democrats have a ton of money. The Democrats always have a ton of money.’

However, he emphasized that ‘we absolutely have the resources that we need to get our message out to all the voters that we’re talking to and feel very comfortable that we’re going to be able to see this campaign through and we’re going to win on November 5.’

This post appeared first on FOX NEWS

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