• Thursday, Dec 03, 2020
  • Last Update : 01:37 am

Trump campaign's coffers shrink in September; Biden has cash advantage

  • Published at 09:35 am October 21st, 2020
A screen shows Democratic presidential nominee Joe Biden
A screen shows Democratic presidential nominee Joe Biden as US President Donald Trump holds a campaign rally at Erie International Airport in Erie, Pennsylvania, US on October 20, 2020 Reuters

Trump has fallen far behind the Democrat in recent months at fundraising and spending

President Donald Trump’s re-election coffers shrank in September as he fell behind Democratic challenger Joe Biden in the campaign’s money race, putting him at a disadvantage in the final weeks before the November 3 election.

In a financial disclosure filed on Tuesday night with the Federal Election Commission, the Trump campaign said it had about $63 million in the bank at the end of September after spending about $139 million that month.

A month earlier, the Trump campaign reported having $121 million in cash.

Biden’s campaign has yet to report its cash holdings at the close of September. But the former vice president’s campaign said this month that together with the Democratic Party, it had $432 million in the bank.

Trump and his Republican Party had just $251 million in the bank, his campaign manager said this month.

Biden has held a significant lead over Trump in national polls for months, although Reuters or Ipsos polling shows a somewhat closer race in the battleground states likely to decide the winner.

Trump has fallen far behind the Democrat in recent months at fundraising and spending. Trump spent less than $56 million on television and radio advertising in September, compared with nearly $148 million by Biden, according to Advertising Analytics LLC, a market research company.

Including online ads, the president’s campaign spent at least $91 million on advertising in September, according to the disclosures filed on Tuesday.

blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail