New 2020 Fundraising Totals Confirm Accelerating Blue Wave

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The trifecta of the coronavirus, failed economy, and a do-nothing Congress hit the nation all at once, creating a big lightning bolt. As a result, Americans had little choice but to abandon some of their old ways and create new ones. For example, running a presidential campaign election out of a basement became the new normal. In the arms of Facetime, Skype, and Zoom, Joe Biden accomplished something no other American has done.

The newscasters, especially those on cable news, have been using something similar in their shows for quite a while, so seeing former Vice President Joe Biden (D-DE) talking to us from his basement was not all that strange. Yet, there was something bubbling beneath that genuine smile of his. The VP raised more in May than did Donald Trump according to the May FEC reports.

Biden has been ahead in national and many swing-states polls, and now Biden has won another race. He raised seven million dollars more in May than Donald Trump (R-NY). Biden even beat President Barack Obama’s fundraising numbers at the same point in his 2012 presidential campaign.

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The Republican National Committee (RNC) and the president’s 2020 campaign announced on the same day as Trump’s failed Oklahoma kick-off rally they took in $75 million. The Democratic National Committee (DNC) and the Biden campaign announced they raised $81 million over the same period of time.

The National Public Radio (NPR) announced these numbers on its tracker, which is updated with “each monthly report” prior to the election in November. The numbers included those from the campaigns and each party committees’ Joint Fundraising Committee:

‘Money is transferred from these groups to campaign and party committees. Biden’s joint fundraising committees have not yet filed quarterly reports with the FEC.’

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While each candidate’s fundraising capabilities have been important, the much larger amount of money raised by each campaign has its own committee with just one goal. It existed solely to help the candidates win. It works together with the candidate’s campaign, but that was not all.

Super PACs draw in all sorts of dark money. Thanks to the Supreme Court, these Super PACs can :

‘Raise and spend unlimited amounts, can help or hurt the fortunes of a presidential nominee. On both Biden’s and Trump’s sides, these independent groups have raised tens of millions of dollars on their own.’

Joe Biden still trails Trump in cash, but not for long.

Biden and the Democratic National Committee hit an all-time monthly fundraising record in May, bringing in $80.8 million. That total topped Trump and the Republican National Committee, which together raised $74 million over the same period.

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”But we are moving forward in June. s running ads against Biden in Michigan, Wisconsin and Pennsylvania since mid-April, and is “in a solid financial position to continue to do so.’

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The RNC spending made Biden’s DNC committee look minuscule in comparison. Trump spent $46.6 million during the month of May as compared to Biden’s $24.1 million take.

Keep in mind that even though the months feel one=year-long during this coronavirus pandemic, Biden just stepped into the presidential arena last month.

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Trump’s campaign spent the bulk of its money on advertising. Still, Biden just came out with a new very effective ad hitting the president right where it hurt — in the bright blue seats. The aid aired on MSNBC and showed the president’s hands coming closer together with the words to the effect of:

‘It’s smaller than you thought.’

Trump’s people spent $19.8 million on ads. Biden’s top expenditure was for $3.6 million, which goes to show that the real issue is content rather than the bottom line. Then, whatever “legal and compliance services” were, the RNC spent one million dollars on it.

The president’s campaign spent $470,000 for polling in May. The super-PAC First Action’s fundraising tanked in May. It brought in $$11.6 in April but only $2.4 in May.

After fighting over which super PAC would win Biden’s attention, Unite the Country rose to the forefront by bringing in over $10 million. Yet, the super PAC spending dried up, bringing in just $1.3 million in May and $723,000 in April. Priorities USA has been the “favored” group. It raised $7.5 in May. It has $38 million in “donations and commitments” since early May.

Priorities USA spent five times as much as Unite the Country, $9.7 million to $2.1 million.

The Biden campaign also depends heavily on small-donor contributions.

The Mueller Report Adventures: In Bite-Sizes on this Facebook page. These quick, two-minute reads interpret the report in normal English for busy people. Mueller Bite-Sizes uncovers what is essentially a compelling spy mystery. Interestingly enough, Mueller Bite-Sizes can be read in any order.