Trump Outpaces Competition, Raises Millions

  • 2019-04-15
  • Source: TTN
  • by: TTN Staff
Trump Outpaces Competition, Raises Millions
By Gage Skidmore from Peoria, AZ, United States of America via Wikimedia Commons
 
President Trump's re-election campaign has announced that it has raised over $30 million in the first quarter of 2019. This number is more than the top two Democrat candidates combined.

According to Fox News:

President Trump's re-election campaign raised $30.3 million in the first quarter of this year, far pacing the leading fundraisers among the Democrats, Fox News confirmed Sunday.

The Trump campaign said nearly 99 percent of its donations were of $200 or less, with an average donation of $34.26. In all, the campaign had $40.8 million cash on hand, an unprecedented war chest for an incumbent president this early in the campaign.

Trump's fundraising ability was matched by the Republican National Committee, which brought in $45.8 million in the first quarter -- its highest non-election year total. Combined, the pro-Trump effort reported $82 million in the bank. The numbers were reported first by The Associated Press.

Trump formally launched his reelection effort just hours after taking office in 2017, earlier than any incumbent had in prior years. By contrast, former President Barack Obama launched his 2012 effort in April 2011 and had under $2 million on hand at this point in the campaign. Obama went on to raise more than $720 million for his reelection. Trump's reelection effort has set a $1 billion target for 2020.

Trump has also fundraised with the RNC. These efforts are divided up into two separate fundraising entities and combined have raised over $165 million since 2017.

 Source: TTN

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