Trump rakes in record-breaking second quarter fundraising haul

If candidates were elected based on fundraising numbers, then Republicans would be blowing Democrats away in the race for 2020.

According to the most recent tally, President Donald Trump’s 2020 campaign along with the Republican National Committee (RNC) has managed to bring in a record-breaking $108 million during the second quarter. 

Overflowing coffers

Monday was the day that candidates running for president in 2020 were required to turn their second-quarter fundraising numbers into the Federal Election Commission (FEC).

President Donald Trump himself managed to raise $56.7 million in the second quarter, while the RNC brought in $51.3 million. Combined that is $108 million, which when added to previous earnings, means that the GOP has $123.7 million now in funds that they can use to help get candidates elected.

“Yet another record-shattering fundraising haul gives us a major advantage over the crowded field of Democrats as the RNC continues investing in our world-class field program and growing our incredible grassroots army,” said RNC Chairwoman Ronna McDaniel. “As enthusiasm for this President continues to grow, these resources ensure President Trump and Republicans up and down the ballot are in a strong position to win heading into 2020.”

After the numbers were in, President Trump revealed that this second quarter has been more successful than the entire first six months of 2018.

The competition

With the Republican coffers overflowing, it must have been a bit embarrassing for the Democrats to reveal what they have managed thus far.

In the lead, among the countless 2020 Democratic candidates, is South Bend, Indiana, Mayor Pete Buttigieg who reported $24.8 million; then there is former Vice President Joe Biden at $21.5 million; Sen. Elizabeth Warren (D-MA) at $19.1 million; Sen. Bernie Sanders (I-VT) at $18 million; Sen. Kamala Harris (D-CA) at $12 million; and so on.

The RNC’s counterpart, the Democratic National Committee (DNC), has yet to reveal what it has raised. But based on previous earnings, there is no reason to think that the second-quarter number will be anything close to the RNC’s.

To further put the GOP’s second-quarter into perspective, we can look at Trump’s predecessor, Barack Obama.

In Obama’s second quarter, he raised $47 million, while the DNC came up with $38 million. These two numbers combine for a total of $85 million, which is far short of Trump and the RNC’s $108 million.

Now all that’s left to do is to use this money wisely so that Republicans have a big win in 2020.

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