With Election Day roughly 15 weeks away, money continues to pour into the 2020 presidential race, despite the coronavirus pandemic, according to new campaign finance reports filed with the Federal Election Commission on Monday.
Here are some of the key numbers to know from an Issue One analysis of these filings, which detail the money presidential candidates raised and spent in June:
$55 million: The total amount of money raised in June by President Donald Trump’s official campaign committee. That’s more than double the $25 million Trump’s campaign raised in May. Trump’s campaign entered July with about $110 million in its coffers.
$63 million: The total amount raised in June by the campaign of Democrat Joe Biden. That’s nearly double the $37 million Biden’s campaign raised in May. Biden’s campaign entered July with about $110 million in its coffers.
$630 million: The total amount that President Donald Trump and Joe Biden’s campaigns have combined to raise through June 30 since the election began, with Trump’s campaign alone raising about $350 million and Biden’s campaign raising about $280 million. In other words, Trump has raised about $1.25 for every $1 Biden has so far.
$415 million: The total amount that President Donald Trump and Joe Biden’s campaign have combined to spend through June 30 since the election began, with Trump’s campaign alone spending about $250 million and Biden’s campaign spending about $165 million. In other words, Trump has spent about $1.50 for every $1 Biden has so far.
$580,600: The total amount of money a single individual donor can currently give to Trump Victory, a joint fundraising committee that benefits Trump’s presidential campaign, the Republican National Committee, and Republican parties in 22 states.
$730,600: The total amount of money a single individual donor can currently give to the Biden Victory Fund, a joint fundraising committee that benefits Biden’s presidential campaign, the Democratic National Committee, and Democratic parties in 37 states.
Outside groups supporting Joe Biden have spent $2.50 so far for every $1 spent by groups supporting Donald Trump in the general election phase of the 2020 presidential race
$186 million: The total amount that outside groups such as super PACs and dark money groups have spent in the 2020 presidential race. Of this sum, around $52 million was spent in the Democratic presidential primary. Since the beginning of April, outside groups focused on the presidential general election have spent roughly $105 million.
71%: Portion of general election spending by outside groups that has urged people to vote for Biden or against Trump — a total of $95 million. Outside groups aligned with Trump have combined to spend $38 million so far. In other words, pro-Biden groups have spent about $2.50 for every $1 spent by pro-Trump groups so far.
$146 million: The amount that the top 12 outside groups have combined to spend in the 2020 presidential race. These groups account for more than 75% of all spending by non-candidate groups in the race.
$33 million: The amount that the top-spending outside group, the pro-Joe Biden super PAC Priorities USA Action, spent so far in the 2020 presidential race.
The 12 top-spending super PACs & dark money in the 2020 presidential race account for more than 75% of all outside group spending in the race so far — $146 million and counting.
