Vice President Kamala Harris raised a record $361 million in August, establishing a substantial $110 million cash lead over Donald Trump amid a successful Democratic convention.
The Harris campaign capitalized on heightened enthusiasm following President Biden's exit, with the $82 million raised during the convention demonstrating the fundraising boost the Democrats enjoyed.
While Trump reported $130 million in August, this represented a decrease from his earlier fundraising efforts, indicating potential struggles in sustaining donor momentum as the election approaches.
As campaigns near Election Day, they traditionally spend their cash reserves on final promotions and voter mobilization; the Democrats appear well-positioned with a substantial cash advantage.
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