September 06, 2020

Biden raises single-month record $364.5M in August

Former Vice President Joe Biden and the Democratic Party announced Wednesday they raised $364.5 million in August, a single-month record funded mostly by small-dollar donations.

The explosion in funding came in the roughly three weeks after Biden selected Sen. Kamala Harris, D-Calif., as his running mate. The campaign reported raising $50 million in the three days after his announcement.

The August figure is more than twice what Biden raised in July -- $140 million.

"That figure blows me away," Biden said in reaction to Wednesday's announcement.

He praised the fact that some $200 million of August's donations were small and made online. More than 1.5 million contributed to the campaign for the first time last month.

"More than anything, these numbers humble me," Biden said, according to NPR. "Even in a global recession, working families set aside some money to power this campaign, and a little bit added up in a big way."

President Donald Trump's campaign hasn't revealed its August numbers, but in July outraised Biden with $165 million.

CNN reported Democrats finished July with $294 million in the bank compared to $300 million for the Republican National Committee.

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