According to a new report from Politico, Democrats are beginning to worry about being significantly out-funded by the Trump campaign.
Per WashingtonTimes, President Trump’s campaign said Tuesday it raised a whopping $125 million with the Republican National Committee and authorized fundraising committees in the third quarter of this year.
The campaign said the trio of entities combine for $158 million in cash on hand.
“President Trump’s campaign is a juggernaut on an unstoppable path to victory in November 2020,” campaign manager Brad Parscale said. “The president’s record of accomplishment is generating tremendous enthusiasm and the Democrats’ reckless, illegitimate, partisan impeachment farce has his supporters even more fired up. The campaign and our partnership with the RNC have never been stronger.”
Trump Campaign Brad Parscale tweeted Sunday:
We have revolutionized digital for the Republican Party and @realDonaldTrump. Record fundraising, record prospecting, record voter contact, and record reach. Even the #FakeNewsMedia can not match our reach
We have revolutionized digital for the Republican Party and @realDonaldTrump. Record fundraising, record prospecting, record voter contact, and record reach. Even the #FakeNewsMedia can not match our reach.https://t.co/OkYwvuXHU1
— Brad Parscale (@parscale) October 20, 2019
Politico reports Donald Trump and the Republican National Committee have raised more than $300 million this year for his re-election — more than any other sitting president in history at this point in the campaign.
Trump has nearly twice as much cash on hand — $158 million, between his campaign account and the RNC — as Barack Obama and the Democratic National Committee had at this time in his successful re-election run.
Already this year, Trump’s campaign operation has spent close to $23 million on TV and digital advertising, more than 10 times the amount that the lone major Democratic super PAC spending against him, Priorities USA, has laid out so far in its online-only spending campaign.
Democrats are growing increasingly alarmed by the spending chasm between the two sides — and its implications for the general election.
“The resources he has will be put to work anywhere and everywhere that he feels like he can scare up electoral votes, and Democrats will never catch up. It’s just too much money,” said Chris Lippincott, a Texas-based Democratic strategist who ran a super PAC opposing Sen. Ted Cruz last year. “That’s real trouble … I’m not here to curse the dark, but it’s dark.”
And the situation stands to get worse.
Since the start of the year, Trump’s campaign operation has run an expensive, far-reaching effort to find new small-dollar donors that is already beginning to pay dividends. The campaign netted 313,000 new donors between July and the end of September, according to numbers provided by the RNC, after spending $4.2 million in advertising on Facebook over the last 90 days.
Democrats, meanwhile, are still four or five months away — at the earliest — from settling on a nominee.
“We don’t know if the Democratic candidate is going to be able to even compete with such a shorter timeline, even if they have significant resources after the convention,” said Tara McGowan, founder and chief executive officer of the progressive group ACRONYM.
This article was written by the staff of TheConservativeOpinion.com