Biden has raised $155 million in cash for the 2024 campaign
Election 2024
COLLEEN LONGMarch 17, 2024
President
Joe
Biden’s campaign has raised $155 million in cash for the 2024 election, easily exceeding the available total of his Republican opponent, Donald Trump.
The president raised $53 million last month alone, which campaign officials said was the strongest month for grassroots fundraising since the start of the campaign. One such effort was a contest for supporters to attend a fundraiser
on
March 28 in New York with Biden
and former President Barack
Obama and
Bill
Clinton raised $4 million last month.
The enthusiasm increased as we went around the country, it’s real,” Biden said in a radio interview with WNOV 860 in Wisconsin last week. We raised a lot of money. We have 1.5 million donors, of which 500,000 are brand new, they are small donors; 97% of donations are less than $200.
Both Biden and Trump secured their party nominations last week, setting up a 2024 rematch.
Biden and Trump win the nominations, paving the way for a grueling rematch in the general election
Trump’s numbers for February have not been released. At the end of January, his two main committees had only $36.6 million in cash on hand, and those committees collectively spent more than they brought in that month. A major driver of these costs was millions of dollars in legal fees resulting from Trump’s numerous lawsuits. The numbers are only a partial snapshot of the Trump operation’s finances, because other industries don’t have to release their numbers until April.
Biden’s cash total is the most any Democratic candidate in history has amassed at this point in the campaign, the campaign said. Emails to Biden supporters that focused on concerns about Trump helped boost support last month.
While Joe Biden and the Democrats continue to post historic fundraising numbers, Donald Trump and the RNC are in financial disarray, says Democratic National Committee Leader Jaime Harrison. Our supporters know the stakes this year couldn’t be higher, and they are participating as if our democracy is at stake, because it is.
Long writes for the Associated Press.
Fernando Dowling is an author and political journalist who writes for 24 News Globe. He has a deep understanding of the political landscape and a passion for analyzing the latest political trends and news.