Donald Trump Raised $2M More Than Joe Biden and the Democrats in April

President Donald Trump and the Republicans extended their fundraising lead over Joe Biden and the Democrats in April, pulling in about $2 million more than the former vice president to amass $255 million in total cash on hand.

Biden and the Democratic National Committee announced Monday evening they raised a combined $60.5 million in April, a decrease from the $80 million they raised in March -even when Michael Bloomberg's $18 million transfer is not included. Biden and the DNC's April numbers are the first revealed since he became the lone presumptive party nominee and shows he has much more cash on hand than Hillary Clinton did in April 2016, although she was still in a primary battle with Bernie Sanders during the same period.

The Trump re-election campaign and the Republican National Committee pulled in a combined $61.7 million in April, slightly more than their Democratic counterparts, bringing Trump's fundraising cycle total to $742 million.

Four years ago, Clinton and the Democrats lost despite raising a total of $1.2 billion which dwarfed the amount pulled in by Trump and the Republicans. Much of the discrepancy was due to Trump spending far less on TV ads and instead focusing solely on online digital advertising. Nonetheless, the Trump 2020 campaign has touted his massive fundraising hauls this cycle as a signal he is on the path to victory over Biden in November.

"Once again the Trump campaign's colossal fundraising haul reaffirms that President Trump will lead an unstoppable juggernaut this November," Trump campaign manager Brad Parscale said in a statement Monday. "While the do-nothing Democrats have recklessly held up funds for our nation's small businesses and played political games with the lives of the American people, President Trump's consistent record of unprecedented action is met with overwhelming enthusiasm and support."

The DNC and Biden's campaign came to an agreement in late April which allows large donors to donate $360,600 to his Biden Victory Fund - a massive increase from the $2,800 maximum contribution allowed to a single candidate in the last general election.

"I am especially humbled because I know what a sacrifice it is to give in economic times as difficult as the one we're in," Biden wrote to supporters Monday. "When staring down the face of economic uncertainty, you chose to put your money behind me. For that, I will always be eternally thankful."

The GOP touted Team Trump on Monday, declaring they are funding "the largest field program & data operation in Party history" in addition to training 1 million volunteers in the field.

Fundraising was down in April for both candidates and parties primarily as a result of the coronavirus pandemic and social distancing precautions, analysts say. The DNC announced Monday it is taking its first steps toward voting to allow a virtual convention this August. Republicans have not signaled they are considering a virtual convention despite ongoing COVID-19 concerns.

joe biden fundraising 2020 campaign
President Donald Trump and the Republicans extended their fundraising lead over Joe Biden and the Democrats in April, pulling in about $2 million more than the former vice president to amass more than $255 million in total cash on hand. CALLAGHAN O'HARE / Stringer/Getty Images
Donald Trump Raised $2M More Than Joe Biden and the Democrats in April | Politics