As presidential hopefuls continue to raise funds for their campaign, President Trump has already put them on notice that he has raised an exorbitant amount for his 2020 campaign. Bernie Sanders of the Democrat party has reportedly raised $18 million, which is the highest of all the Democratic candidates, but Trump has put him to shame with his numbers.
President Trump has amassed more than $30 million in the first few months of 2019, which is the largest amount raised so far. Senator Kamala Harris of California, who is second to Sanders in terms of overall campaign amounts, announced she has raised $12 million since her announcement to run for president.
Trump’s large campaign funds put him in a unique position as he has more funds for his campaign than both leading Democrats do combined. The Daily Mail reported Trump’s overall campaign funds exceed $40 million since he took office.
NBC News reported the Republican National Committee raised $46 million to go toward Trump’s campaign. By the time the campaign begins, Trump could have more than $80 million.
The large donations seem to be tied to the release of the Meuller report summary in which Attorney General William Barr announced no crime had been committed. “We typically do not give numbers on individual fundraising pushes, but the fundraising in the aftermath of the Barr letter ranks among our very strong fundraising efforts. Our supporters were rightfully frustrated by two years of Democrat lies,” a spokesperson for Trump’s campaign told NBC News.
These large funds could really hurt the Democrats’ chances of taking the White House back in 2020. President Trump will be able to advertise to a much larger and wider demographic with his funds.
As more and more Democratic candidates announce, it will divide the votes within the party. During the first quarter of the 2016 election cycle, the Democratic candidates raised an estimated $65 million.
Elizabeth Warren has struggled to raise money as other front runners have as she has only raised $6 million. Beto O’Rourke, who has slowly amassed a large following out of Texas, raised $9.4 million in the first quarter.
Now, presumably based on inflation, the 10 front running democratic candidates combined should have almost $80 million in their collective treasure chest, the Washington Post reported.
Trump appears to be willing to finance his campaign this time around with money raised from his loyal supporters. When he originally ran in 2016, he ran using his own funds. “I don’t need anybody’s money. I’m using my own money. I’m not using the lobbyists. I’m not using donors. I don’t care. I’m really rich,” he said as he announced his presidency in 2015.