President Biden’s campaign said it raised more than $42 million for its re-election campaign last month, bringing its available war chest up to $130 million.
The funds included money raised by the Biden-Harris campaign, the Democratic National Committee, and their joint fundraising committee. Since the 81-year-old president began his reelection effort in April, his team has raised about $278 million.
“January’s fundraising numbers are driven by a strong grassroots fundraising program that continues to grow each month and are an undisputed start to the election year,” campaign manager Julie Chavez Rodriguez said in a statement. It shows strength.”
The Biden campaign added that January was the “strongest grassroots fundraising month” since the president began his bid for a second term.
At the same point in the 2020 cycle; donald trump It had raised more than $60 million and touted it had about $200 million in cash on hand.
Mr. Trump’s team has not yet disclosed January’s fundraising totals and needs to do so by midnight Tuesday.
Last year, Trump’s campaign and his allies raised a total of $188 million. have more than $65 million in cash By the end of the year, he will be a former president.
As of the end of December, the Biden campaign had about $117 million in cash, including funds from the DNC.
The 45th president has yet to fully integrate his operations with the Republican National Committee amid the ongoing Republican presidential primary.
But Trump announced his picks for the RNC’s leadership earlier this month, including key allies such as senior campaign adviser Chris Lakrivta to serve as chief operating officer, and his in-laws. It also included appointing daughter Lara Trump as co-chair.
The Biden campaign boasted on Tuesday that it added 1 million emails to its list after the Jan. 15 Republican Iowa caucuses, raising $1 million per day.
“January’s unprecedented fundraising numbers send Joe Biden and Kamala Harris back to the White House and elect a Democrat on the ballot this November,” DNC Chairman Jamie Harrison said in a statement. “It confirms the grassroots momentum.”
President Trump is using military funds to cover legal costs, with multiple super PACs supporting the 45th president spending nearly $48 million on those costs, a newspaper analysis found. . wall street journal last month.
Meanwhile, the RNC suffered its worst fundraising year in 30 years in 2023, after adjusting for inflation.
The RNC received $87.2 million and ended the year with about $8 million in cash on hand. According to the Federal Election Commission.
In contrast, the DNC raised $119 million and ended the year with about $21 million in cash. According to FEC.
