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Biden and Democrats raised a historic $364 million in August

September 2, 2020. Summarized by summa-bot.

Democratic presidential nominee former US Vice President Joe Biden speaks during a campaign event at Mill 19 in Pittsburgh, Pennsylvania, August 31, 2020. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images)

Joe Biden's presidential campaign and the Democratic National Committee announced it raised $364.5 million in August, an astonishing haul that Democrats believe was propelled by fundraising around the selection of California Sen. Kamala Harris as Biden's running mate and the Democratic convention.

(CNN)Joe Biden's presidential campaign and the Democratic National Committee announced it raised $364. 5 million in August, an astonishing haul that Democrats believe was propelled by fundraising around the selection of California Sen. Kamala Harris as Biden's running mate and the Democratic convention.

The Biden campaign said that 57% of the haul -- or more than $205 million -- came from online, small-dollar donors, a figure that signals the Democratic base is animated by the Biden-Harris ticket and the prospect of defeating President Donald Trump in November.

The Biden campaign claimed in its announcement that the haul represents "the best month of online fundraising in American political history. "

It was clear in August that the month would be a strong one for Biden; sources told CNN on Tuesday the campaign was set to announce they raised more than $310 million.

The campaign said earlier that month that they raised more than $34 million in the two days after Harris was named as Biden's running mate.

Biden's haul also dwarfs what the presidential candidates raised in August 2016, with Trump bringing in $90 million and former Secretary of State Hillary Clinton raising $143 million that month.

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