Biden Campaign Raises $42 Million In January

President Joe Biden’s political operation continues to construct a considerable fundraising benefit over his seemingly GOP opponent, former President Donald Trump, elevating $42 million in January.

The marketing campaign mentioned they and the Democratic National Committee have a mixed $130 million readily available. Biden has established joint fundraising committees with the DNC and state events, permitting him to gather checks value as much as $929,600 from a single donor.

Trump, who has but to formally lock up the GOP nomination, continues to be restricted to the usual federal donation restrict of $3,300 per particular person. Former South Carolina Gov. Nikki Haley stays within the Republican main race regardless of large deficits in public polling.

Trump has but to announce his January fundraising. He and the RNC had a mixed $41 million readily available on the finish of December 2023. Monthly fundraising studies for presidential campaigns and the key occasion committees are as a result of Federal Election Commission on Tuesday.

“While Team Biden-Harris continues to build on its fundraising machine, Republicans are divided – either spending money fighting Donald Trump, or spending money in support of Donald Trump’s extreme and losing agenda,” Biden marketing campaign supervisor Julie Chavez Rodriguez mentioned. “Either way, judging from their weak fundraising, they’re already paying the political price.”

Biden’s marketing campaign mentioned they’re combining these large checks with an more and more robust grassroots fundraising operation. The marketing campaign added greater than 1 million further e-mails to its fundraising record, which it says helped it set a grassroots fundraising report for the third month in a row.

“We are particularly proud that January shattered our grassroots fundraising record for a third straight month,” mentioned TJ Ducklo, a marketing campaign spokesman. “This haul will go directly to reaching the voters who will decide this election. That’s reason number 355 million that we are confident President Biden and Vice President Harris will win this November.”

Despite his total fundraising benefit, Biden had fewer small greenback donors than Trump on the finish of 2023. A New York Times evaluation of FEC knowledge discovered 668,000 donors had given lower than $200 to Trump, in comparison with 564,000 donors who gave lower than $200 to Biden.