Former Vice President Joe Biden (D) outraised President Donald Trump (R) by $200 million, according to campaign finance reports filed with the Federal Election Commission on Tuesday.
The Biden campaign raised $281 million in September, a percentage difference of 110% from the Trump campaign’s $81 million. Biden’s campaign spent $285 million to the Trump campaign’s $139 million.
As of Sept. 30, the Biden campaign had $114 million more in cash-on-hand than the Trump campaign ($177 million to $63 million), marking the second consecutive month that the Biden campaign has held a cash advantage over Trump. Biden also leads Trump in overall fundraising, cumulatively raising $822 million to Trump’s $557 million.
Both Biden and Trump increased their receipts from August to September: $212 million to $281 million for Biden; and $62 million to $81 million for Trump.
Biden’s $822 million in overall fundraising is the highest figure for any presidential candidate at this point in the past four election cycles. Former President Barack Obama (D) raised $792 million in inflation-adjusted funds at this point in 2008. On the other hand, Trump has more than doubled his fundraising from this point in his 2016 campaign for president: Trump had $557 million, according to Tuesday’s FEC reports, compared to $236 million in October 2016.
Biden’s cash-on-hand total also tops campaign money records. Biden’s total of $177 million is the highest of any candidate’s at this point in the election cycle, topping Obama’s $172 million inflation-adjusted total in 2008.
Biden and Trump’s combined $1.38 billion in fundraising is the highest across the four most recent election cycles. At this point in the 2008 election, the presidential campaigns of Obama and Sen. John McCain (R) had raised a combined inflation-adjusted $1.26 billion.