Harris Secures $404 Million in Strong August Fundraising, Surpassing Trump

By Trevor Hunnicutt

WASHINGTON – Kamala Harris’s presidential campaign and the Democratic Party achieved significant fundraising success, raising $361 million in August. This success provides her with a substantial cash advantage over her Republican opponent, Donald Trump, with just two months remaining until Election Day, as announced by her campaign on Friday.

Following the August fundraising efforts, Harris reported having $404 million in cash on hand at the start of September. In comparison, Trump’s campaign indicated that both he and the Republican Party raised $130 million in August, concluding the month with $295 million available.

The two campaigns are on track to spend over $1 billion combined, setting new records according to regulatory documents. Both candidates are allocating funds towards advertisements and mobilizing voter turnout in key battleground states that will ultimately determine the election outcome.

Fundraising figures, which are submitted to U.S. election regulators, are closely monitored for indications of political momentum ahead of the competitive election scheduled for November 5.

It is important to note that these totals do not account for the contributions raised by external groups backing each candidate.

A critical moment for Harris and Trump will occur during the televised debate on Tuesday, marking their first such encounter since President Joe Biden exited the race and endorsed Harris as his successor on July 21.

Harris’s candidacy has invigorated the Democratic Party and its donors, reflected in a surge of support in recent opinion polls.

Notably, three-quarters of the 1.3 million new donors to Harris in August had not contributed during the previous presidential election in 2020. Her campaign revealed that over 60 percent of August’s donors were women, and nearly 20 percent identified as registered Republicans or independents.

Despite this fundraising success, polling averages indicate a competitive landscape in the battleground states critical to the election outcome, including Pennsylvania, Michigan, and Georgia.