Trump Scores Major Advantage That Could Tip The 2020 Election
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The 2020 presidential election will have huge stakes and a major impact on the direction of the country.
While the election is still around 16 months away, President Donald Trump has scored a major advantage that could tip the election in his favor.
Trump's campaign and the the Republican National Committee raised a combined $108 million in the second quarter of this year, giving the president a significant advantage over Democrats in the money race.
The Trump campaign and the RNC have a combined $123.7 million in cash reserves, giving them a huge war chest to use in the 2020 election.
“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.
She added: “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.”
Three Trump campaign entities raised a combined $56.7 million in the second quarter, while the RNC took in $51.3 million — slightly more than the $105 million the three groups previously brought in.
These numbers are not only historic, they are much higher than the fundraising totals former President Barack Obama and the Democratic National Committee posted in the same quarter in 2011.
In 2011, Obama’s reelection campaign reported $47 million in donations, with the DNC reporting it took in $38 million.
So Trump and the RNC have brought in a combined $108 million compared to Obama and the DNC bringing in a combined $85 million at the same time in their respective presidencies.
That's a big difference.
The Trump campaign said its second quarter haul surpassed its entire fundraising totals for the first six months of 2018.
None of the 2020 Democratic presidential hopefuls have come close to Trump's fundraising totals.
Here's more from The Hill:
Among Democratic presidential candidates who have announced their totals so far, South Bend, Ind., Mayor Pete Buttigieg leads the field, having raised $24.8 million in the second quarter.
Buttigieg is followed by former Vice President Joe Biden at $21.5 million, Sen. Elizabeth Warren (D-Mass.) at $19.1 million, Sen. Bernie Sanders (I-Vt.) at $18 million, and Sen. Kamala Harris (D-Calif.) at $12 million.
The DNC has not announced its second quarter fundraising numbers yet, but it will be significantly lower than what the RNC has raised. In May, the DNC raised $6.9 million.
The 2020 election may be a year and a half away, but it's clear Trump has a massive fundraising advantage -- which will be key to him securing a second term in office.