Biden beats Trump in May campaign fundraising but president maintains huge cash advantage heading into summer
Raising a combined $74 million in May, the Trump campaign, the Republican National Committee, and their joint fundraising committee topped their April numbers. However, they trailed the Biden campaign and Democratic National Committee's collection during the same period.
In a conversation with Fox News, the RNC revealed that the $74 million they raked in with the Trump campaign brought their total fundraising to more than $817 million, adding that the joint entities now possess more than 265 million cash-on-hand.
Meanwhile, the Biden campaign and DNC brought in a total of $80.8 million last month. Of course, that did not deter GOP officials from flaunting their coffers, saying it “continues to dwarf” what Biden and the Democrats are sitting on. The latter had roughly $100 million cash-on-hand as of May, but the latest figures aren't available yet.
According to GOP officials, despite the Democrats' fundraising success in May, they will still be “unable to make a dent in the massive cash-on-hand advantages that the Trump campaign and RNC enjoys.” Officials highlighted how fundraising surged for the RNC and the Trump campaign in May, when they raised $12 million more than April. Furthermore, the RNC and Trump campaign also saw their largest online fundraising day ever on Sunday, the president's birthday, when they raised $14 million online in just 24 hours. “President Trump's consistent leadership and unprecedented actions during this challenging time has undoubtedly resonated with the American people,” RNC Chairwoman Ronna McDaniel told Fox News. “Support across the country continues to pour in, helping us to build an unparalleled operation that will deliver victories up and down the ballot in November.”
Meanwhile, Trump campaign manager Brad Parscale said “it remains clear that the enthusiasm behind President Trump’s re-election campaign goes unmatched.” “While Sleepy Joe Biden lobs ineffective partisan attacks from the shadows of his basement, President Trump is leading The Great American Comeback and he is drawing support from every corner of this country,” Parscale added to the outlet.
However, the Biden campaign and DNC saw an increase of over $20 million in May from the combined $60.5 million they raised in April.
The former vice president's campaign touted how they raised $80.8 million last month and that they've tripled the number of online donors since February. “Just a few months ago, people were ready to write this campaign off. Now, we are making huge dents in Donald Trump’s war chest. Every single dollar is going to make sure he is only a one-term president,” Biden said in a statement.
Nonetheless, an RNC official asserted to Fox News that any amount of "last-minute" investments by Biden's camp or the DNC will not make up for relationships made by the Trump team over the last several years. The RNC and Trump Victory -- a joint field effort between the RNC and the Trump campaign -- resumed in-person campaign activities last weekend in states that allowed it. According to the report, they knocked on more than 260,000 doors and made more than 3 million phone calls to potential voters.
This comes as the president is set to host his first campaign rally since the coronavirus lockdown on Saturday in Tulsa, Oklahoma. The Trump campaign revealed it had received more than 1 million ticket requests from supporters for the event.