President Donald Trump brought in $30 million and has more than $40 million cash on hand, in the first quarter of 2019. It is far outpacing the Democratic candidates heading into the 2020 race.
That along with $46 million raised by the Republican National Committee, the Trump re-election effort is expected to have $82 million, which doubles what it had at the end of last year.
Trumps has more in the war chest than top Democratic candidates Vermont. Sen. Bernie Sanders, who brought in $18.2 million this quarter, and more than California Sen. Kamala Harris who only pulled in $12 million.
In total, all eight Democratic campaigns have a reported combined total of $65.8 million.
As the President, Trump does have specific resources and advantages to raising money. And he did start earlier than any of his opponents. Trump was the only president to ever turn in re-election papers the day he was inaugurated, so the Trump campaign has been receiving donations ever since.
President Barack Obama did not even start recieving donations til after the first quarter had passed in 2011. While the first two years of Trump being in office, the administration has brought in nearly $130 million.
Donald Trump promised to self-fund his 2020 run, “I don’t need anybody’s money. I’m using my own money. I’m not using the lobbyists. I’m not using donors. I don’t care. I’m really rich.”