Washington – Joe Biden’s presidential campaign and joint fundraiser committees are expected to report raising more than $300 million in August, setting a new monthly record for presidential fundraising, according to two sources familiar with the Democratic nominee’s fundraising efforts.
The massive cash haul flooded in last month as Biden announced his vice presidential choice, California Senator Kamala Harris, and officially accepted his party’s nomination in the first-ever virtual Democratic National Convention.
The record-breaking cash haul comes as Biden and President Trump are just over 60 days away from the presidential election on November 3. The $300 million figure was first reported on Tuesday by the New York Times.
This is more than double what the Biden campaign and joint fundraising entities raised in July. Compared to previous campaign cycles, in August 2016, Hillary Clinton’s campaign and joint fundraising committees announced they raised$143-million. In 2012, President Obama’s re-election campaign and the Democratic National Committee brought $114-million that August and $181-million in September.
In September 2008, Obama and the DNC together raised $193-million, which was the former record for fundraising in a single month.
Biden’s campaign did not respond to a request for comment on its fundraising.