Democratic presidential nominee Joe Biden’s campaign set another fundraising record for the month of September, surpassing the unprecedented $364.5 million it raised in August.
An exact number was not yet available, but sources told Bloomberg the campaign and the Democratic National Committee brought in more money in September than August, which was the biggest campaign fundraising month in the history of modern presidential politics.
Democrats across the board saw a cash windfall last month after the death of Justice Ruth Bader Ginsburg as President Trump moved to fill her seat on the Supreme Court before the Nov. 3 election.
Some of the money raised came in late.
Biden raised $31.5 million in just over 24 hours after Tuesday’s raucous presidential debate, according to Rob Flaherty, the campaign’s digital director, with $10 million of that amount coming between 9 p.m. and midnight.
The money was raised by the Biden campaign, the Democratic National Committee, and two joint fundraising committees that raise funds for both entities.
After August’s historic month, Biden said: “That figure blows me away.”
In August, Trump and the Republican National Committee raised $210 million, falling $154 million short of Biden.
The September figures for Trump were not immediately available.
Biden started September with a $466 million mountain of cash to take on Trump and the Republicans, completely reversing the GOP’s financial advantage in just four months.
In April, Biden, the Democratic nominee, had about $98 million in the bank compared to $255 million for the incumbent.
Yet Democratic donor enthusiasm, driven by opposition to Trump and further energized by the selection of Senator Kamala Harris as Biden’s running mate, has given the former vice president an unprecedented financial edge for a challenger.
Trump’s re-election effort had $325 million at the end of August, or $141 million less than Biden.
His campaign cut some advertising spending and went completely dark in key states in September.
Biden widely outspent Trump on media, booking $172.4 million on television, radio and digital ads in September compared to $69.8 million for Trump, according to Advertising Analytics.
Biden currently has reserved $115.5 million of broadcast and cable advertising time in October compared to $89.8 million for Trump.
The latest FiveThirtyEight forecast gives Joe Biden an 80% chance to win the presidential race and Donald Trump a 20% chance.
The model also gives Biden a 29% chance he’ll win in a landslide, meaning winning the popular vote by at least 10 percentage points.
A new CNBC/Change Research poll finds Joe Biden expanding his national lead over Donald Trump to 13 percentage points, 54% to 41%.
That’s a wider lead than the polling averages show, but it’s also the first national poll conducted entirely after the first presidential debate.