Elections

Trump, Clinton Raised Record Amounts Of Cash In August

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Phillip Stucky Political Reporter

Democratic nominee Hillary Clinton and Republican nominee Donald Trump raised an incredible $233 million in the month of August, according to reports.

The majority of the funds went to pro-candidate PACs and Super-PACs like Clinton’s Priorities USA. Priorities USA raised $23 million in August, and started September with $41.5 million in cash reserves, reported The Associated Press Wednesday.

Almost half of Clinton’s PAC money came from large donors like Slim-Fast founder Daniel Abraham, who personally donated $3 million this month alone.  Traditional Democratic donors like George Soros and Donald Sussman gave $2.5 million and $2 million each for the month of August to pro-Clinton groups.

The Democratic National Committee raised $29.4 million, and the Republican National Committee raised $23.4 million. Democratic leaders spent far more than Republicans, ending the month with only $11.5 million of cash on hand, compared to $41 million in reserves for Republicans.

August was also a stellar fundraising month for downticket races. The Senate Leadership Fund raised $28 million in August in its bid to retain control of the Senate. Pundits agree that a Republican majority in the Senate remains possible in November.

The Democratic Senate fundraising arm, the Senate Majority PAC raised a comparatively small $11.6 million, although they were able to maintain competitive Senate races nationwide.

Clinton outspent Trump considerably in August, going through over $50 million during the course of the month. During the month of July, the Clinton campaign only spent $12 million according to AP.

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