President Trump is gearing up for any of the top Democrats looking to challenge him in 2020.
Whether it be former Vice President Joe Biden, who has recently kept a low profile; Senator Elizabeth Warren, whose DNA test probably did more to hinder a prospective run than help it; Senator Cory Booker, who is still corralling support wherever he can find it; Congresswoman Maxine Waters, who seemingly calls for Trump’s impeachment every day; or someone else, Trump’s campaign funds have reportedly topped $100 million.
That’s $100,000,000.00 his campaign can spend on boasting of the unprecedented level of success his administration has already been able to achieve.
Just imagine if he keeps pace with the next two years as he has with the previous 20 months.
From Fox News:
President Donald Trump has raised more than $100 million toward his 2020 reelection campaign, according to new filings made public by the Federal Election Commission on Monday evening.
Trump pulled in $18.1 million last quarter through his campaign committee and two joint fundraising operations with the Republican National Committee, according to a report from the Washington Post.
Trump unusually began fundraising for his reelection shortly after his 2016 victory against Democratic presidential nominee Hillary Clinton.
The total amount raised for the president’s reelection bid was at least $106 million since he filed with the FEC as a qualified candidate for the 2020 presidential election, just hours after being sworn in on his inauguration day last year.
On the Democrat side, prospective candidates are looking to earn money from several billionaire megadonors. Trump, however, is not hauling a majority of cash from megadonors but has earned most of his money from small donations, totaling $200 or less.
“FEC filings show 56 percent of the money raised by the president’s committees from July through September of this year came from supporters who gave donations of $200 or less,” Fox News reports.
ABC News has more on the enormous fundraising figure:
The total, raised since January 2017, includes contributions received through his primary campaign committee as well as two affiliated committees: Trump Victory and Trump Make America Great Again. A portion of the money raised through Trump Victory and Trump Make America Great Again goes to the Republican National Committee.
Just from July through September, the three committees raised more than $18 million and spent over $12 million. They kicked off October with nearly $47 million in cash on hand in Trump’s war chest.
The new reports also show spending over the last quarter that reflects an increasingly aggressive campaign by Team Trump, led by 2020 campaign manager and digital guru Brad Parscale.
CNN’s Chris Cizillia called the figure “totally unprecedented” as the 2020 election is more than two years away.
Here’s more from CNN:
Note: The author of this article has included commentary that expresses an opinion and analysis of the facts.
But, Trump’s haul IS a big deal — even amid that reality. Here’s proof — in the form of a comparison between Trump’s fundraising at this point to his two predecessors in the job:
Trump (fundraising through 9/30/2018)
Raised: $106 million
Cash on hand: $35 million
Barack Obama (fundraising through 12/31/2010)
Raised: $4 million
Cash on hand: $2.3 million
George W. Bush (fundraising through 12/31/2002)
Raised: $3.2 million
Cash on hand: $3.8 million
A little bit of math shows that in three less months of fundraising, Trump has raked in more than 26.5 times what Obama had raised for his re-election race and 32 times what Bush had raised.