President Biden on Saturday ridiculed former President Donald Trump’s big-ticket night fundraiser and belittled “a bunch of hedge fund billionaires” who had gathered in Florida to support him.
“This race is Scranton versus Palm Beach,” Biden said in the video. Posted in X.
“As you all know, Mr. Trump is in Florida today raising money from hedge fund billionaires who want to cut Social Security, Medicare and taxes,” he claimed in the 54-second video.
Trump’s swanky soirée, hosted by hedge funder John Paulson at his $110 million Palm Beach mansion, included a number of prominent Republicans who paid admission fees ranging from $250,000 to $814,000. gathered.
Biden also touted his campaign’s March fundraising report released Saturday, which he said raised $90 million that month, helped by an influx of small donations of $200 or less. .
“Our campaign now has 1.6 million individual donors, more than 500,000 of whom are new donors since 2020,” Biden boasted.
He did not mention the top ticket price of $500,000 for a lavish fundraiser he held in New York City last week. The fundraiser raised more than $25 million and featured appearances by former Presidents Barack Obama and Bill Clinton, as well as performances by Lizzo and Queen Latifah.
If confirmed, Biden’s new small sum would represent a sharp turnaround for both candidates.
President Trump and the Republican Committee Raised a record $626.6 million In 2020, grassroots donors far outnumbered Biden in this area.
