As November nears, the race for the White House is also a race for cash. And so far, Hillary Clinton is winning.
Records published Saturday showed the Democratic nominee outraised and outspent Donald Trump in the month of July. Clinton raised roughly $16 million more and spent nearly $20 million more than Trump.
And Clinton ended the month with roughly $20 million more left to spend compared to Trump.
Some have noted the Republican nominee didn't even set up a fundraising team until late May, and his fundraising efforts have been pretty impressive considering his late start.
But a problem for Trump could be where his money is coming from. Few of the usual big-time donors for the Republican Party have made major donations to his campaign.
And after several on-air statements led to a recent drop in Trump's poll numbers, some are speculating the Republican Party will shift more of its funds to Senate and House elections, instead of Trump's campaign.
Clinton also appears to be winning when it comes to indirect fundraising from super PACs. One super PAC raised just under $10 million for her last month — roughly $6 million more than Trump's two largest outside groups combined.
Of course it's not just how much you raise, but what those funds go to. Politico notes most of the money Trump spent in July went to expanding online operations that are meant to fundraise.
So far, Trump has donated over $50 million of his own funds to his campaign.