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The massive campaign funding haul suggests the Trump campaign could be gaining ground against Democrats’ fundraising lead.
Former President Donald Trump’s campaign and the Republican National Committee (RNC) say that they managed to pull in $76 million in April.
The campaign and RNC announced the mammoth fundraising haul on May 5. In a statement, they added that roughly half of that amount came from small dollar donations, rather than big donors. The full fundraising details will be revealed in filings later this month.
“President Donald J. Trump is not only winning across every battleground state, but we are raising the resources necessary to deliver a victory in November,” Trump campaign senior advisers Chris LaCivita and Susie Wiles said in a statement.
“With half of funds raised coming from small dollar donors, it is clear that our base is energized,“ they added. ”The Republican Party is united, and voters nationwide are ready to FIRE Joe Biden and elect President Donald J. Trump.”
RNC Chairman Michael Whatley and co-chair Lara Trump said that the fundraising “defied the pundits and naysayers.”
“The American people are fed up with weak Joe Biden’s failed economy, border crisis, and unacceptable responses to antisemitic violence spreading across college campuses nationwide,” Mr. Whatley and Ms. Trump said.
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“Our team will continue working every day to exceed expectations, raise the funds we need, and build an unmatched party infrastructure to prove that President Trump’s momentum is unstoppable.”
It comes as President Joe Biden and Democrats maintain a substantial fundraising lead over Republicans. President Biden’s April fundraising figures have yet to be reported.
At the end of March, groups connected to President Trump’s reelection campaign had about $110.3 million in cash on hand. That is significantly less than the $187.6 million President Biden could access at the same time.
With Republicans’ April fundraising added to that total, Democrats still maintain a funding lead.
However, because President Biden and the Democrats have not yet revealed their May fundraising, it’s unclear how large the gap in funding between the two camps currently is.
Still, it’s a sign that the Trump campaign is catching up to the president after lagging in funding earlier this year.
President Trump’s announcement come after he hosted an event Palm Beach, Florida, this weekend during which wealthy donors heard from President Trump and his vice presidential hopefuls.
Funding has been a key aspect of the 2024 electoral battle, which is set to become the longest general election face-off in U.S. history.
President Trump’s April fundraising haul shows that both sides of the aisle still have powerful sources of funding to rely on.
That dwarfed an earlier $26 million haul for President Biden during an event he hosted with former Democratic Presidents Bill Clinton and Barack Obama.
Despite lagging in fundraising, President Trump has enjoyed historic performance in polling.
President Trump also enjoys a polling lead in every swing-state—Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania, and Wisconsin—tracked by RealClearPolitics.
Austin Alonzo contributed to this report.
