Biden rakes in record $364M fundraising windfall in August, outpacing Trump and GOP

Joe Biden is flush with cash coming into the home stretch. © Carolyn Kaster Democratic presidential candidate former Vice President Joe Biden speaks in Wilmington, Del., Wednesday, Sept. 2, 2020, about school re-openings. The Democratic nominee’s presidential campaign pulled in a combined $364 million in August along with the Democratic […]

Joe Biden is flush with cash coming into the home stretch.



Joe Biden wearing a suit and tie: Democratic presidential candidate former Vice President Joe Biden speaks in Wilmington, Del., Wednesday, Sept. 2, 2020, about school re-openings.


© Carolyn Kaster
Democratic presidential candidate former Vice President Joe Biden speaks in Wilmington, Del., Wednesday, Sept. 2, 2020, about school re-openings.

The Democratic nominee’s presidential campaign pulled in a combined $364 million in August along with the Democratic National Committee, blowing away all records as they prepare for an epic battle to oust President Trump.

The monthly windfall more than doubled the haul from July with a massive fundraising spurt around the selection of Kamala Harris as the vice presidential nominee and enthusiasm surrounding the Democratic National Convention.

The total marks the best monthly online fundraising sum in American political history.

More than half the total, or $205 million, came from online, small-dollar contributions, Biden’s campaign said.

“That figure blows me away,” Biden wrote in an email to supporters on Wednesday. “And we raised it the right way, from people across the country stepping up to own a piece of this campaign.”

Trump and the GOP are also raising money at a healthy clip. They scooped up $165 million in July and have not yet announced August figures.

Trump still holds the edge for cash-on-hand, but Biden, who once had money problems, is catching up fast.

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