Biden Has $466 Million in Bank, and a Huge Financial Edge on Trump - News Summed Up

Biden Has $466 Million in Bank, and a Huge Financial Edge on Trump


An extraordinary influx of cash in August accounts for Mr. Biden’s newfound financial lead, after he and the Republicans entered the month nearly neck and neck. The Biden campaign and his joint operations with the Democratic National Committee raised a record $364.5 million last month — more than any previous candidate has raised in a single month — while Mr. Trump brought in $210 million, their campaigns said. “It’s hard to even get your head around the size and historic nature of this,” Jennifer O’Malley Dillon, Mr. Biden’s campaign manager, said in a call with reporters this month. The cash-on-hand figure released by the campaign shows it spent about $192 million, barely over half of what it brought in last month. James Murdoch, the son of the Fox media mogul Rupert Murdoch, donated $300,000 in August to a pro-Biden super PAC, Unite the Country.


Source: New York Times September 20, 2020 23:37 UTC



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