During President Trump’s 2016 presidential campaign, he reportedly raised more money from small donors than Sen. Bernie Sanders and Hillary Clinton combined, while also exceeding what Obama raked in for both of his presidential runs.
Based on an analysis released by the Campaign Finance Institute (CFI) on Tuesday, The Washington Times reported:
Trump raised about $239 million from small donors during the campaign, compared to $137 million for Mrs. Clinton and about $100 million for Mr. Sanders.
Obama had raised about $219 million from small donors during the 2012 race and about $181 million during the 2008 campaign. Mitt Romney, the 2012 GOP nominee, raised about $58 million from small donors that year.
Trump frequently touted on the campaign trail that Clinton and other Republican primary rivals managed to significantly outspend him in their campaigns, and the newly released figures show the outpouring of support he received from smaller donations, valued at $200 or less.
The analysis indicates “Trump raised most of his money over four months” and calls the number of small donations “record-shattering.” In contrast, the CFI report pinpoints “donors who gave over the course of a two-year cycle, and so many Clinton, Sanders, and Obama donors could have started small and eventually triggered the $201 threshold.”
Trump reportedly had a late start in raising money and “half of his $100 million total through June 30 came from his own pocket,” according to the CFI. It also claims that about two-thirds of his $309 million raised after June 30 came through joint fundraising committees organized by the Republican National Committee and others.
Percentage-wise, Mr. Trump was also way ahead of his rivals on small donations, as 69 percent of his total individual contributions of about $344 million came from those donors giving $200 or less.
In contrast, Sanders was at 44 percent ($226 million total) and Clinton was at 22 percent ($619 million total). Obama was not far ahead of Clinton when he ran for president when “small donations made up 28 percent of his individual contribution total of $784 million in 2012, and 24 percent of his total of $746 million in 2008,” says the report. In comparison, Mitt Romney’s small donations made up 12 percent of his $470 million in individual contributions in 2012.
H/T: Washington Times
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