Skip to main content
Friday, November 13, 2026Nov 13

Biden raises over $360 million in August, shattering record

Democratic presidential candidate former Vice President Joe Biden, and his wife Jill Biden receive a briefing from education leaders and experts in Wilmington, Del., Wednesday, Sept. 2, 2020. (AP Photo/Carolyn Kaster)
Democratic presidential candidate former Vice President Joe Biden, and his wife Jill Biden receive a briefing from education leaders and experts in Wilmington, Del., Wednesday, Sept. 2, 2020. (AP Photo/Carolyn Kaster) Democratic presidential candidate former Vice President Joe Biden, and his wife Jill Biden receive a briefing from education leaders and experts in Wilmington, Del., Wednesday, Sept. 2, 2020. (AP Photo/Carolyn Kaster)

WASHINGTON (AP) – Former Vice President Joe Biden raised $364 million for his election effort in August, a record-shattering sum that will give the Democrat ample resources to compete in the final two months of the campaign.

Biden struggled to raise money during the Democratic primary. But ever since he became the apparent nominee last spring, money has poured into his campaign. In July, he all but closed a huge cash-on-hand advantage enjoyed by President Donald Trump.

The massive August haul speaks to the enthusiasm among Democrats to oust Trump from office.

The new flood of contributions, which came from grassroots supporters as well as deep-pocketed donors, should alleviate any lingering concern over whether Democrats will be able to flood the airwaves with advertising in key battleground states that will ultimately decide the outcome of the election.

“These numbers humble me,” Biden wrote in a message to supporters. “Even in a global recession, working families set aside some money to power this campaign, and a little bit added up in a big way.”