Biden campaign has amassed $155M in cash on hand for 2024 campaign and raised $53M last month
Source: AP
Updated 5:02 AM EDT, March 17, 2024
WASHINGTON (AP) President Joe Bidens campaign has amassed $155 million in cash on hand for the 2024 election, far exceeding the in-hand total for his Republican opponent, Donald Trump.
The president raised $53 million alone last month, which was the strongest grassroots fundraising month since the campaign launched, according to campaign officials. Among those efforts was a contest for supporters to attend a fundraiser on March 28 in New York with Biden, Barack Obama and Bill Clinton that raised $4 million last month.
The enthusiasm were picking up as we go around the country is real, Biden said in a radio interview with WNOV 860 in Wisconsin last week. Weve raised a whole lot of money. We have 1.5 million donors, including 500,000 are brand new, theyre small donors; 97% of the donations under $200. Both Biden and Trump clinched their party nominations last week, setting up a 2024 rematch.
Trumps February figures have not been released. By the end of January, his two major committees had just $36.6 million in cash on hand, and those committees collectively spent more than they took in that month. A major driver of those costs was millions of dollars in legal fees from Trumps myriad court cases. The figures are only a partial snapshot of the Trump operations finances because other branches wont have to disclose their numbers until April.
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