Wednesday, May 29, 2024

Biden, Democrats report raising $90 million-plus in March


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Wilmington, April 7: President Joe Biden’s reelection campaign and the Democratic National Committee said on Saturday that they raised more than $90 million in March and ended the year’s first quarter with $192 million-plus in cash on hand, further stretching their money advantage over Donald Trump and the Republicans.
The Biden campaign and its affiliated entities reported collecting $187 million from January through March and said that 96% per cent of all donations were less than $200.
That total was bolstered by the $26 million-plus that Biden reported raising from a March 28 event at Radio City Music Hall in Manhattan that featured former Presidents Barack Obama and Bill Clinton. Trump’s campaign, meanwhile, said it raised $50.5 million from an event on Saturday with major donors at the Florida home of billionaire investor John Paulson, setting a single-event fundraising record.
Biden’s campaign says the pace of donations has allowed it to undertake major digital and television advertising campaigns in key states and to work with the DNC and state parties to better mobilise would-be supporters before the November election.
The campaign said the $192 million-plus as of March 31 was the highest total ever by any Democratic candidate. About 1.6 million people have donated to the campaign since Biden announced in April 2023 that he was seeking a second term. (AP)


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