Biden Campaign Raises Over $53 Million In February

Even as President Joe Biden has tried to fend off rising questions about his age and electability, he continued to encourage donations from supporters final month, bringing in $53 million, in accordance with his reelection marketing campaign.

The February haul — the mixed whole raised by Biden’s marketing campaign, the Democratic National Committee, and licensed joint fundraising committees — is a rise from the $42 million that Biden raised in January. The marketing campaign’s constantly robust fundraising has enabled Biden to amass $155 million in money available, the most important quantity any Democratic presidential candidate has ever raised at this level within the election cycle, his marketing campaign mentioned Sunday.

“President Biden continues to see record-breaking grassroots enthusiasm around a historic and winning agenda, while Donald Trump is poised to enter the general election broke, saddled by his unwavering support for the extremism Americans repeatedly reject at the ballot box,” Biden deputy marketing campaign supervisor Rob Flaherty mentioned in an announcement.

The marketing campaign will not be counting on large checks alone, suggesting that grassroots enthusiasm for the president nonetheless runs deep. In February, Biden acquired 562,000 contributions from 469,000 distinctive donors, in accordance with the marketing campaign. And since he started operating for reelection, 97% of all particular person donations had been underneath $200.

Biden and Trump, the presumptive Republican presidential nominee, each clinched their respective occasion nominations on Tuesday, after main wins enabled them to lock up a majority of conference delegates.

Neither candidate’s maintain on the nomination was ever critically doubtful, however Trump’s nearest rival, former South Carolina Gov. Nikki Haley, gave him a run for his cash in some key states, and gained Vermont and the District of Columbia. And not like Biden, Trump has solely simply begun totally coordinating with the Republican National Committee.

As a results of his preoccupation with the first, mounting authorized prices and total administration failures, Trump is critically behind Biden in fundraising. In January, he raised $8.9 million and spent greater than $11 million, ending the month with simply over $30 million in money available.

The RNC has additionally struggled to boost cash, bringing in much less in 2023 than in any 12 months since 2015. Trump retook management of the RNC earlier this month, appointing ally Michael Whatley as chair and daughter-in-law Lara Trump as co-chair.

Trump’s marketing campaign has insisted that he won’t use the cash from coordinated fundraising with the RNC to cowl authorized payments. But via the licensed Save America PAC and the Make America Great Again PAC — a brilliant PAC that’s technically barred from coordinating with Trump — Trump spent greater than $54 million of donors’ cash on authorized payments in 2023.

For his half, Biden has been making an attempt to capitalize on momentum generated by his aggressive State of the Union speech earlier this month. He has been hitting the highway extra, and is funding a $30 million advert blitz contrasting himself with Trump in seven battleground states.