President Donald Trump’s 2020 presidential campaign and the Republican National Committee (RNC) have raised a combined total of $108 million during the second quarter, giving him an advantage over the Democratic contenders as he charges forward in his bid to remain in the White House.
The Trump re-election campaign and the RNC are holding a total of $123.7 million in cash, the campaign said in a statement on July 15.
The amount fundraised by the campaign has surpassed what President Barrack Obama raised for his re-election campaign for the same period in 2011. Obama raised $47 million for his campaign, and another $38 million was raised for the Democratic National Committee, reported the New York Times at the time.
“President Trump’s record of success for America is drawing unprecedented support from across the nation,” Brad Parscale, campaign manager for Donald J. Trump for President, said in the statement.
“As the Democrats continue their race to the left, Americans are responding to the President’s pledge to Keep America Great,” he added.
Three of President Trump’s entities–Donald J. Trump for President Inc., Trump Victory, and the Trump Make America Great Again Committee–brought in a total of $56.7 million in the quarter. Meanwhile, the RNC raised $51.3 million.
“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,” RNC Chairwoman Ronna McDaniel added in the statement.
“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.”
According to the campaign, the average donation was $41.48, and over 98 percent of the donations were $200 or less.
Among those who have announced their totals, Mayor Pete Buttigieg of South Bend, Indiana, is leading the Democratic field in terms of fundraising, raising $24.8 million in the second quarter. Former Vice President Joe Biden, who is leading the polls, ranked second with a total of $21.5 million raised so far, while Sen. Elizabeth Warren (D-Mass.) ranked third bringing in $19.1 million, according to reports earlier this month.
In the first quarter of 2019, Trump’s campaign reported raising $30 million, surpassing every Democratic candidate in the same period.
He also raised a stunning $24.8 million in less than 24 hours on the day he officially launched his 2020 re-election campaign in June. Trump announced his re-election bid during a rally in Orlando, Florida.
The Trump campaign has cast the 2020 election as a choice between socialism and freedom.
“Under the guise of Medicare for All and a Green New Deal, Democrats are embracing the same tired economic theories that have impoverished nations and stifled the liberties of millions over the past century. That system is socialism,” Pence said.
“What Medicare for All really means is quality health care for none,” he added. “The only thing green about the so-called Green New Deal is how much green it’s going to cost taxpayers if these people ever pass it into law.”
Pence also warned that the progress made under Trump could be reversed if a socialist rises to the seat of power.
“Will we let the Democrats take America on a hard left turn and lose all the gains that we’ve fought so hard to make?” Pence asked the audience. “If we lay out a choice between freedom and socialism, the American people will choose freedom every single time.”
Ivan Pentchoukov contributed to this report.