Left Menu
Development News Edition

Trump campaign's coffers shrink in September; Biden has cash advantage

In a financial disclosure filed on Tuesday night with the Federal Election Commission, the Trump campaign said it had about $63 million in the bank at the end of September after spending about $139 million that month. A month earlier, the Trump campaign reported having $121 million in cash.

Reuters | Updated: 21-10-2020 07:56 IST | Created: 21-10-2020 07:56 IST
Trump campaign's coffers shrink in September; Biden has cash advantage

President Donald Trump's re-election coffers shrank in September as he fell behind Democratic challenger Joe Biden in the campaign's money race, putting him at a disadvantage in the final weeks before the Nov. 3 election. In a financial disclosure filed on Tuesday night with the Federal Election Commission, the Trump campaign said it had about $63 million in the bank at the end of September after spending about $139 million that month.

A month earlier, the Trump campaign reported having $121 million in cash. Biden's campaign has yet to report its cash holdings at the close of September. But the former vice president's campaign said this month that together with the Democratic Party, it had $432 million in the bank.

Trump and his Republican Party had just $251 million in the bank, his campaign manager said this month. Biden has held a significant lead over Trump in national polls for months, although Reuters/Ipsos polling shows a somewhat closer race in the battleground states likely to decide the winner.

Trump has fallen far behind the Democrat in recent months at fundraising and spending. Trump spent less than $56 million on television and radio advertising in September, compared with nearly $148 million by Biden, according to Advertising Analytics LLC, a market research company. Including online ads, the president's campaign spent at least $91 million on advertising in September, according to the disclosures filed on Tuesday.


TRENDING

OPINION / BLOG / INTERVIEW

Turbulence surrounding tobacco control in Ghana

... ...

Refugee compassion and response: Ideas to mitigate disasters now and in their future

Their homeland becomes a forbidden territory for them and more likely than not, their journey to foreign soil is no less traumatizing, not to say deadly. It is crucial to help refugees live a life of dignity and purpose....

Inadequate water infrastructure causes a tidal wave of coronavirus in rural Alaska

... ...

Videos

Latest News

France to investigate dozens of mosques suspected of 'separatism'

France will on Thursday start investigating dozens of mosques suspected of fomenting Islamist ideology to combat the rising threat of religious extremism, Interior Minister Gerald Darmanin said.The government has launched what it calls an u...

English health service looking at ways to deploy Pfizer vaccine in care homes - official

Englands National Health Service NHS is looking at ways to deploy PfizerBioNTechs COVID-19 vaccine in care homes with the medical regulator, but there is no guarantee that it will happen, deputy Chief Medical Officer Jonathan Van-Tam said.B...

China has brought modern-day slavery into 21st century: Uyghur activist on abolition of slavery day

As the world celebrated the International Day for the Abolition of Slavery, an Uyghur American activist, Rushan Abbas, on Wednesday pointed out that the gruesome stain in humanitys history is an ongoing issue as China has brought modern-day...

Iran's coronavirus cases exceed 1 million : health ministry

Irans total cases of novel coronavirus hit 1 million on Thursday with 13,922 new cases recorded in the past 24 hours, the health ministry said, as the Middle Easts worst-affected countrys death toll reached 49,348.Ministry spokeswoman Sima ...

Give Feedback