The month of July was Donald Trump's strongest fundraising month of the general election so far, but his campaign finances are still dwarfed by Hillary Clinton both in spending and fundraising.
The Republican nominee brought in approximately $36.7 million last month, 84 percent more than the $20 million his campaign raised in June and more than 12 times the $3 million in May. The campaign currently has a little more than $38 million in cash on hand.
Included in those figures are $2 million contributed by Trump to his campaign, and $14.5 million from joint fundraising committees for the candidate and the GOP.
Despite the significant increase in fundraising in July, the Trump campaign's money pot is dwarfed by that of Clinton.
The Democratic nominee also in July had her greatest fundraising success of the general election to date. She brought in approximately $52.3 million in July, far more than the $26.4 million raised in May or the $36.4 million in June. The Clinton campaign has $58.5 million cash on hand.
Clinton’s financial advantage extends to super PACs -- organizations that can raise unlimited funds from corporations, unions, associations and individuals and spend unlimited money to openly push for or against political candidates, but which are prohibited from coordinating with campaigns.
Priorities USA, the super PAC supporting Clinton, raised $9.9 million in July, nearly five times more than the $2.5 million brought in during the month by Great America PAC, a super PAC supporting Trump. Priorities USA has $38.7 million in cash on hand, while Great America PAC has less than $1 million on hand.
While both Clinton and her super PAC are raking in more money than Trump, they are also spending more. The Trump campaign spent $18.5 million in July, less than half the $38.2 million spent by the Clinton campaign. Similarly, Priorities USA spent $11.4 million during the month, while Great America PAC's expenditures were only $2.75 million
Neither candidate apparently has to worry about being outspent by third-party candidates.
Gary Johnson, running on the Libertarian ticket, and Jill Stein, the Green Party candidate, raised $1.6 million and $1 million, respectively, in July. Neither candidate has much cash on hand: Stein has $422,000, and Johnson $1.2 million. More than $1 million of Johnson’s contributions were not itemized because they were made in amounts under $200.
Independent candidate Evan McMullin, who declared his candidacy in August, didn’t have a campaign finance report to release from July.
from ABC News: Politics http://ift.tt/2ba8BKB
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