Aug 21, 2024 - Politics & Policy

Harris campaign trounces Trump fundraising in July

Erin Doherty

Democratic presidential nominee Vice President Kamala Harris walks on stage during the first day of the Democratic National Convention on August 19, 2024, at the United Center in Chicago, Illinois. — Vice President Harris appears during the first day of the Democratic National Convention on Aug. 19 in Chicago, Ill. Photo: Joe Lamberti for The Washington Post via Getty Images

Vice President Harris' campaign brought in $204 million last month — four times more than the $48 million that former President Trump's campaign raised in the same span, new FEC filings show.

Why it matters: Harris' fundraising exploded in the weeks after she entered the 2024 race. Her cash edge gives her a cushion in the crucial final months of the campaign.

State of play: Harris announced earlier this month that her campaign and affiliated committees raised $310 million in July, more than double the $138.7 million that Trump and his committees brought in.

The campaigns are able to tap into fundraising by affiliated committees and parties, but the money brought in by just the campaign can be helpful with advertising. Campaigns get discounts on TV ads, while parties and other groups have to pay full price, Reuters notes.
Both campaigns have aggressively ramped up their ad spending in recent weeks as they race to define Harris.

What to watch: A more complete picture of each candidates' fundraising will become clear in October, when allied committees are required to report their fundraising numbers.

Go deeper: Campaign spending booms in race to define Harris

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Harris campaign trounces Trump fundraising in July

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