Trump 2020 raises unprecedented $100 million
With two years to go before the next presidential election, President Donald Trump has already raised an unprecedented amount of money for his 2020 re-election campaign.
Since January 2017, Trump’s fundraising efforts totaled $106 million, and the president finished September with nearly $47 million on hand, according to recent quarterly Federal Election Commission filings.
His campaign committee along with his two joint fundraising committees raised $18.1 million from July to September, filings show.
Donald J Trump for President, the president’s campaign committee, has raised over $60 million since January 2017. His two joint committees, Trump Make America Great Again Committee and Trump Victory, collectively raised over $80 million. The funds from these joint fundraising committees overlap with the campaign committee, and raise money for both Trump and the Republican National Committee.
Many of the donations Trump has received so far are individual contributions under $200, with those small contributions totaling $13 million for his campaign committee and $41 million to the Make America Great Again Committee.
Comparatively, at this point in their respective first terms, Trump raised millions more than his predecessors.
President Barack Obama raised $4 million and only had $2.3 million on hand at the halfway point of his first term in 2010. In 2002, President George W. Bush raised $3.2 million and had $2.8 million.
Traditionally, presidents hold off on fundraising until the re-election year is closer.
According to the filings, Trump’s campaign made 19 payments totaling $1.6 million to American Made Media Consultants, which was created by the campaign to purchase digital, radio and television advertisements, according to the New York Times.
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