The media does not want to report it, but President Donald Trump is out-raising Democrats for the 2020 race — in fact more than any president in history.
With $158 million in the bank, President Trump has even raised twice as much as President Obama at this same point in the campaign, and it’s making Democrats shudder.
“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,” Texas-based Democratic strategist Chris Lippincott told Politico. “That’s real trouble … I’m not here to curse the dark, but it’s dark.”
The president is also succeeding with small donors:
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.
Unlike 2016, Trump’s team is ramping up the spending, too.
The president’s 2020 coalition has spent about $23 million to date on advertising. Trump is outspending the Democratic PAC messaging against him by 10-to-1.
Granted, since the Democrats still don’t have a nominee, that fact has hampered overall fundraising.
But the fact that Trump is starting with such a huge advantage is rattling the Democrats.
Some Democrat analysts are worried that the eventual Democrat candidate won’t be able to make up the time the president has had to raise money.
“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,” Tara McGowan, founder and chief executive officer of the progressive group ACRONYM, told Politico.
By comparison, the Democrat with the most money is Sen. Elizabeth Warren and she only has $26 million.
The Democrats are, very, very worried.
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