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Trump raises $135 million less than Biden in September as former VP outpaces him for another month

October 16, 2020. Summarized by summa-bot.

US President Donald Trump gestures as he speaks during an NBC News town hall event at the Perez Art Museum in Miami on October 15, 2020. (Photo by Brendan Smialowski / AFP) (Photo by BRENDAN SMIALOWSKI/AFP via Getty Images)

President Donald Trump's campaign and the Republican National Committee announced a joint fundraising haul of $247.8 million in the month of September -- up from the $210 million the GOP raised in August, but far behind the massive total raised by former Vice President Joe Biden and Democrats in the final stretch of the campaign.

(CNN)President Donald Trump's campaign and the Republican National Committee announced a joint fundraising haul of $247. 8 million in the month of September -- up from the $210 million the GOP raised in August, but far behind the massive total raised by former Vice President Joe Biden and Democrats in the final stretch of the campaign.

Biden raised $383 million in September, breaking a monthly fundraising total record that his campaign had just set in August.

Biden and the Democratic Party outraised Trump and the Republicans by $135 million in September.

Trump's campaign has been raising and spending money at an historic clip, but Biden and the Democrats quickly turned the tables in August after the Democratic convention and the selection of California Sen. Kamala Harris as Biden's running mate.

In addition to raising significantly more money in both August and September, the Biden campaign also has more money in the bank to spend in the final month of race.

The Trump campaign will report $251. 4 million cash on hand, while Biden has $432 million.

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