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You are here: Home / 2024 Campaign / Trump’s Cash Crunch

Trump’s Cash Crunch

October 3, 2024 at 9:02 pm EDT By Taegan Goddard Leave a Comment

Tara Palmeri: “Meanwhile, some Trump allies are getting nervous about falling behind in the final sprint for donor money—a precious resource in the expensive, last leg of the race. The Trump campaign announced on Wednesday that it had raised $160 million in September, and has $283 million cash on hand (including money raised in coordination with the R.N.C. and authorized committees). But the campaign remains significantly behind the donor waterfall lavished upon Harris, who has outraised Trump every month since President Biden dropped out…”

“Harris hasn’t released her September numbers, but she raised $47 million within 24 hours of her debate triumph. In August, her campaign and coordinated committees raised three times as much as Trump’s team… Indeed, Republican money is drying up across the board, with Democrats easily outraising their opponents in the majority of competitive House and Senate races, too.”

Said a Trump campaign source: “There’s a lot of stress about money.”

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About Political Wire

Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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