Kamala Harris' Campaign Raises $361 Million in August, Tripling Donald Trump's Fundraising

Washington, September 7: 
US Vice President Kamala Harris's campaign has raked in an impressive USD 361 million—almost three times as much as her Republican opponent, Donald Trump, who raised USD 130 million.According to CNN, The announcement was made by Harris's campaign aides on Friday, and it gives her a staggering USD 404 million in cash reserves for the last two months leading up to Election Day.

Compared to the USD 295 million that Trump's campaign claimed to have on hand, the sum held by Harris's linked committees is far higher.
This highlights the significant impact that Harris' historic and unexpected candidacy has had on contributors and the 2024 election. Notably, neither side has had a better monthly haul than USD 361 million thus far this cycle.

In the short time between becoming the party's de facto nominee in late July and Election Day, Harris is on track to raise more than $1 billion. President Joe Biden's re-election campaign ended on July 21, and since then, her campaign said on Friday that she had raised over USD 615 million.

As she announced Minnesota Governor Tim Walz as her running mate and formally accepted her party's nomination at last month's celebrity-studded Chicago convention—at which Biden and two of his White House predecessors also made appearances—her haul last month surpassed the USD 310 million that Democrats and Harris raised in July.

On August 6, the day Harris revealed Walz's decision, campaign officials said, the campaign's third-strongest day of grassroots fundraising had occurred.

Even with August's haul, it's not enough to beat the $383 million monthly total that the Biden-Harris campaign raised in September 2020, when it was at its height.

Based on the numbers released by Trump's campaign in August, it appears that his fundraising pace has decreased. His campaign raised just under $138 million in July, compared to $138.7 million in June.

Donors gave more than USD 200 million to Trump's campaign this cycle, according to an analysis that CNN published earlier. The campaign reported receiving more money in May, around the time of Trump's felony conviction in New York, than in July, during his party's nominating convention.

The Harris campaign has announced a "weekend of action" with 2,000 events and an ad campaign airing digitally and on television with a budget of USD 370 million, all in an effort to reach voters.

Although the campaign has warned of a tough, hard-fought race in the home run, it has stated that it has opened more than 312 offices with the Democratic Party and employs more than 2,000 personnel with the party in battleground states.