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Democrats enter the presidential contest's homestretch with a big cash advantage.

President Donald Trump's campaign announced late Thursday that it, the Republican National Committee and joint committees raised $248 million in September — a strong haul but nonetheless well behind the record-setting one-month sum collected by Joe Biden's campaign and his party.

On Wednesday evening, Biden's campaign said it, the Democratic National Committee and joint fundraising efforts

 in September — breaking the one-month record Democrats had set just the month prior, in 

September's fundraising edge further boosts the advantage Democrats hold in the bank. 

Trump's campaign announced Thursday it has $251 million cash on hand, compared with the eye-popping $432 million Biden's campaign says it has in the bank.

Despite the disadvantage, Trump communications director Tim Murtaugh 

 that "President Trump hits final stretch with strength, resources, record & huge ground game needed to spread message and secure re-election."

Trump's campaign has long been talking up its ground game, especially as Democrats for months 

 door-to-door canvassing amid the coronavirus pandemic, and as the Biden campaign maintains a greater presence on paid TV.

 of data from the ad-tracking firm Advertising Analytics found that Biden and Democratic allies have outspent Trump and supporting groups by $240 million on TV ads in six crucial states.

Trump did get a boost from one key Las Vegas couple in recent weeks, as casino magnate Sheldon Adelson and his wife Miriam gave $75 million to a new super PAC that's backing the president.

 some of his own money on his reelection bid.

It's unusual for an incumbent to trail a challenger in fundraising, but Democrats — from Biden to candidates down the ballot in key Senate races — have been raising impressive sums of money in recent months. 

Politics and Government News

Election 2020

Benjamin Swasey

Author

Democrats enter the presidential contest's homestretch with a big cash advantage.


Trump and Republicans raise $248 million in September, lagging Biden, Democrats

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