Harris and Trump hit whopping $2.5B in campaign, PAC fundraising but dont break 2020 records

The presidential contest between Vice President Kamala Harris and former President Donald Trump has become a money pit, with the candidates’ campaign committees and associated political action committees (PACs) combining to raise a whopping $2.5 billion.The Harris-Walz campaign, hybrid committees, aligned PACs and super PACs have raised an astounding $1.39 billion — including some funds transferred from President Biden’s defunct campaign — in the three months since the 81-year-old commander in chief announced July 21 he would end his bid for re-election.Meanwhile, Trump and Sen.JD Vance’s campaign, hybrid committees and PACs have raked in $1.09 billion since the former president announced a third consecutive White House run on Nov.

15, 2022.In addition to the fundraising bonanza from the rival campaigns and their allies, the Republican National Committee has hauled in $368 million compared to the Democratic National Committee’s $484 million between January 2023 and Sept.30, per Federal Election Commission (FEC) records.Nearly two-thirds of Harris contributions, more than $912 million, have come from campaign committees rather than outside spending while more than half of Trump’s money — more than $613 million — has come from non-affiliated donors.

Harris has also been buoyed by about $474 million in outside spending, while Trump’s campaign committees have pulled in some $376 million in comparable spending.“It is no exaggeration to say that many Americans believe this may be the most important election in their lifetime, a pivotal election that may determine the future of this nation,” former FEC member Hans von Spakovsky told The Post.“The fact that more of Trump’s donations are coming from individuals instead of committees seems to be an indication of his greater support from the public.”The Post calculated the figures based on FEC filings for each candidate’s campaigns and used data from political donation tracker OpenSecrets.com...