Neither campaign has released its September fundraising totals yet.
The current financial picture for both presidential campaigns represents a stunning reversal of fortunes from last spring, when Trump held a firm financial advantage over Biden, who emerged nearly broke from the Democratic primary contest.
This fall, Biden’s cash edge has allowed him to spend significantly more than Trump, particularly on TV advertising. In August, Biden outspent Trump more than 3-to-1 on TV, according to Advertising Analytics. That pattern has continued throughout much of September, though pro-Trump super PACs, like Preserve America, have helped make up some of the spending gap for the president.
Democratic donors are powering not just Biden’s campaign, but races up and down the ballot. ActBlue, the digital fundraising platform widely used by Democratic candidates and political committees, has broken its own monthly, daily and hourly fundraising records multiple times throughout the last several months. That culiminated in its own biggest one-hour money haul, totaling $6.3 million, the night that Supreme Court Justice Ruth Bader Ginsburg died.
That cash is pumping into congressional races across the country, giving Democrats a small-dollar money edge that has long worried Republican strategists.
Trump’s campaign didn’t respond to requests for comment on the release of their own fundraising numbers generated from last night’s debate.
A Biden campaign official also noted that 85 percent of its contributions during the 10 p.m. hour Tuesday night came from SMS text messaging, a direct channel to voters who have moved heavily to mobile usage.
I Will Vote — a voting registration and education website, funded by the Democratic National Committee — also saw its highest traffic in its decade-long history, with users from Pennsylvania, Florida and North Carolina among the most represented. Nearly 24,000 people submitted new voter registrations.
Alex Isenstadt contributed reporting.