Trump Raises 'Record-Breaking' $25M Within 24 Hours of 2020 Campaign Launch
Republican National Committee Chairwoman Ronna McDaniel announces flood of funds
President Donald Trump raised a "record-breaking" $24.8 million in campaign donations within 24 hours of officially announcing his run for re-election in 2020.
RNC chairwoman Ronna McDaniel and Tim Murtaugh, the Director of Communications for Trump’s 2020 campaign announced the staggering numbers on Wednesday.
“The enthusiasm across the country for this President is unmatched and unlike anything we’ve ever seen!” McDaniel said in a Wednesday Twitter post.
“On top of an electric rally in Orlando, this shows huge Trump enthusiasm,” Murtaugh added.
Jaw-dropping numbers from the 24 hours of the day @realDonaldTrump announced his re-election campaign:— Tim Murtaugh (@TimMurtaugh) June 19, 2019
$24.8 million raised.
Do the math: that’s more than a million dollars an hour for an entire day.
On top of an electric rally in Orlando, this shows huge Trump enthusiasm.
President Trump responded ro the news by tweeting "THANK YOU!"
According to an RNC spokesman, the fundraising -- at a clip of $1 million an hour -- came through the Trump re-election campaign and joint-fundraising committees Trump Victory and Trump MAGAC (Make America Great Again Committee).
A Trump campaign official told Fox News on Wednesday that the campaign raised more than $14 million, and that the joint-fundraising committees raised more than $10 million.
Minutes later, RNC Communications Director Michael Ahrens tweeted: “For those keeping score, that’s more than the 5 highest polling Democrats—combined.”
For those keeping score, that's more than the 5 highest polling Democrats – combined. https://t.co/krP2ehbfIw— Michael Ahrens (@michael_ahrens) June 19, 2019
Ahrens was referring to the top five polling Democratic candidates' fundraising during the 24 hours after they announced their presidential bids.
Among them, former Vice President Joe Biden raked in $6.3 million and Sen. Bernie Sanders, I-Vt., brought in $5.9 million, with the others raising significantly less than that.
But none of the candidates hit $20 million even in the first quarter.
Sanders brought in $18.2 million in the first 41 days of his campaign; Sen. Kamala Harris, D-Calif., brought in $12 million during the first three months of this year; former Rep. Beto O’Rourke of Texas raised $9.4 million; and South Bend, Ind., Mayor Pete Buttigieg raised $7.1 million.
Democratic presidential primary front-runner Biden, who announced after the first quarter, hinted this week at raising roughly $20 million so far, as he tours the fundraising circuit with a series of top-dollar events.
But the Trump campaign re-launch surpassed that in 24 hours, counting various fundraising committees, coinciding with his energetic rally in Orlando to a packed arena crowd.
The fundraising numbers underscore what has, since before the Democratic candidates even started campaigning, been a huge cash advantage for the incumbent.
Going into Trump’s rally on Tuesday, the re-election campaign had $40.8 million in cash-on-hand at the start of second-quarter fundraising on April 1.
Combined with the RNC’s joint fundraising committees, they have a combined $82 million cash-on-hand for the second quarter.
But despite Trump's massive war chest, the latest Fox News Poll shows Biden topping the president by 10 points and Sanders ahead of the president by 9 points.
But Trump's campaign and the president himself have dismissed recent polling.
"Our country is soaring to incredible new heights," Trump said Tuesday night, to loud applause.
"Our economy is the envy of the world, perhaps the greatest economy we've had in the history of our country, and as long as you keep this team in place -- we have a tremendous way to go -- our future has never, ever looked brighter or sharper."
Trump continued: "The fact is, the American Dream is back. It's bigger, and better, and stronger than ever before."