Updated Oct 20, 2020 - Politics & Policy

Trump campaign reports shrinking cash haul to FEC

Rebecca Falconer

President Donald Trump speaks during a Make America Great Again campaign rally at the Erie International Airport on Wednesday, Oct. 21 — President Trump during a campaign rally at the Erie International Airport on Wednesday in Erie, Pa. Photo: Noah Riffe/Anadolu Agency via Getty Images

President Trump's re-election campaign had $63.1 million in the bank by the end of September after spending some $139 million that month, filings to the Federal Election Commission Tuesday night show.

Why it matters: The Trump campaign reported having $121 million in cash and $900,000 in debts the previous month. Trump's campaign and the shared Republican committees had just over $251 million at the start of October.

What they're saying: Trump campaign spokesperson Samantha Zager said in an emailed statement, "The Trump campaign has all the resources we need going into the home stretch of this election ... As Hillary Clinton proved when she outspent us 2-to-1 in 2016, no amount of money can buy the presidency."

Rufus Gifford, a deputy campaign manager who oversees fund-raising for Biden, tweeted, "Yikes. ... Remember when Trump said he would fund his own campaign if he needed to? Well.... He needs to. "

Go deeper: Biden enters final stretch with huge cash advantage over Trump

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Trump campaign reports shrinking cash haul to FEC

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