Wednesday, October 23

Biden raises $72 million in second quarter for reelection bid

President Biden and the Democratic National Committee raised greater than $72 million for his reelection within the second quarter of this yr, a complete that might ease some issues amongst Democrats in regards to the 80-year-old president’s bid for a second time period.

The Biden marketing campaign and the DNC stated the whole was raised since April 25, when Mr. Biden introduced his reelection run, and the tip of June. The president’s crew additionally introduced that he has $77 million money readily available.

“We’ve seen incredible enthusiasm for President Biden and Vice President Harris’ agenda — including their commitment to restoring democracy, fighting for more freedoms and growing the economy by growing the middle class,” stated Biden marketing campaign supervisor Julie Chavez Rodriguez. “While Republicans are burning through resources in a divisive primary focused on who can take the most extreme MAGA positions, we are significantly outraising every single one of them – because our team’s strength is our grassroots supporters.”



In 2019, then-President Donald Trump and the Republican National Committee raised a mixed $105 million within the second quarter — about $80,000 per day greater than Mr. Biden took on this yr when the president was benefiting from larger marketing campaign finance donation limits as a consequence of inflation.

Mr. Biden has confronted persistent issues from inside his celebration about voter enthusiasm for the oldest president in U.S. historical past, with polls exhibiting most Democrats need another person to run. Some distinguished Democrats stated the fundraising numbers will ease these worries not less than considerably.

“They’re spending very little money. They’re holding this money for next year when they’re actually going to need it,” former Obama 2012 marketing campaign supervisor Jim Messina stated on MSNBC. “It’s a very slimmed down and very smartly run operation. And the other number that really strikes out is that Biden outraised all the Republicans combined … so there’s a whole bunch of Democrats who woke up … to these numbers feeling pretty good about where Joe Biden’s campaign is six months before the Iowa caucus.”

Mr. Biden’s sum is greater than double Mr. Trump’s $35 million throughout these three months for his 2024 effort, although the previous president and different Republicans within the race are usually not collectively elevating cash with the Republican National Committee and due to this fact face decrease federal contribution limits for high donors. 

Florida Gov. Ron DeSantis, who has been working a distant second to Mr. Trump in polls, raised about $20 million within the first six weeks after his announcement.

The Biden marketing campaign stated the whole got here from practically 400,000 donors, and 97% of donations have been below $200 and greater than 30% of donors had not given to Mr. Biden in 2020.

Mr. Biden’s 2020 marketing campaign raised over $1 billion in defeating Mr. Trump.

• This article relies partly on wire service studies.

Content Source: www.washingtontimes.com