“Trump Campaign’s $63 Million Dwarfed by Biden’s $177 Million”

NYT:

President Trump’s re-election campaign committee ended September with only $63.1 million in the bank despite canceling some television buys late last month, leaving him badly outmatched financially against Joseph R. Biden Jr., who reported $177.3 million in cash on hand for the final stretch of the campaign.

New filings with the Federal Election Commission showed the extent of Mr. Trump’s cash troubles, which are severe enough that he diverted time from key battleground states and flew to California on Sunday for a fund-raiser with just over two weeks until Election Day. The president ended September with just over half as much money as he had at the beginning of the month.

While Mr. Trump’s campaign and its shared committees with the Republican National Committee have raised $1.5 billion since the start of 2019, the disclosures late Tuesday showed that his main re-election committee — the account that must pay for many of the race’s most important costs, including most television ads — had only a small slice remaining.

All told, Mr. Trump’s campaign and its shared committees with the R.N.C. had $251.4 million entering October, compared with the $432 million that Mr. Biden’s campaign and its joint accounts with the Democratic National Committee had in the bank.

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