Politics

Biden sets fundraising record as Trump bankrupts Republicans

Biden sets fundraising record as Trump bankrupts Republicans
Written by informini

President Biden set a new Democratic fundraising record in February with $53 million in donations as Trump struggles to raise cash.

How much money did President Biden collect?

The Biden campaign announced.

Team Biden-Harris announced in February that it had raised more than $53 million, continuing to break fundraising records through early 2024, boasting excitement, power and historic resources for the general election. The team is also reporting a historic $155 million in cash, the most raised by any Democratic candidate in history at this point in the cycle. Team Biden-Harris' cash has increased each of the four reporting periods since the president began his re-election bid.

Tim Biden-Harris' February surge was largely due to the strength of our grassroots support, which continued to grow for months. February was the strongest fundraising month since the campaign began and the fourth consecutive record grassroots fundraising month.

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Biden/Harris is raising a staggering amount of money, and while money doesn't directly equate to votes, the Democrats' healthy standing is night and day compared to Trump's GOP.

The Trump campaign is struggling. The former president was still upset by Nikki Hale, even though she still had no chance of running last month. Trump's smaller donors seem burned out by his constant and endless fundraising appeals. Trump was hemorrhaging legal bills and he wanted to get his hands on the RNC so he could raid their coffers to fuel his presidential campaign and pay his legal bills.
In closed elections, the ability to spend money to get out the vote is important. As Donald Trump spends money on lawyers, Byde is putting Democrats in a position to win in November.

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