Biden campaign says Trump ‘simply cannot keep up’ after analysis shows donors lagging behind 2020 pace

The Biden campaign on Wednesday sharply criticized former President Donald Trump’s ability to attract donors after an analysis of federal data showed the campaign was lagging behind its 2020 pace in terms of money and individual contributions. .

“Donald Trump just can’t keep up with Joe Biden. He’s too lazy to campaign, too toxic to generate enthusiasm and grassroots support, and too fixated on his own revenge and retribution.” “Open your eyes, Donald, the campaign is on,” Biden campaign spokesperson James Singer said in a statement exclusive to The Hill.

Trump has been in New York City four days a week for several weeks as he attends a trial over hush money charges, but he has been holding campaign events on the weekends. He was in Pennsylvania last Saturday for a rally and is scheduled to go to North Carolina this Saturday.

The Biden campaign said: Financial Times analysis It said President Trump raised money from about 900,000 donors from July 2023 to the first quarter of 2024, compared to about 1.2 million donors during the same period in the 2020 cycle. is decreasing.

At the same time, with about seven months until Election Day, Trump lags behind Biden in terms of overall fundraising and cash reserves.

The Biden campaign raised $90 million in March and entered April with $192 million in cash, a record for a Democratic candidate at this point in the election cycle. Officials said 1.6 million people had donated to the campaign as of the end of March.

Trump, on the other hand, brought in about $66 million in March. The Trump campaign and the Republican National Committee, which merged last month after Trump was confirmed as the nominee, entered April with $93.1 million in cash on hand.

President Trump has sought to close the funding gap in recent weeks by holding big-ticket fundraisers, including a rally hosted by hedge fund billionaire John Paulson in Palm Beach, Florida, which raised about $50 million. It is said that

A Trump campaign spokesperson noted that Trump was nominated as the Republican nominee in mid-March and that his fundraising has skyrocketed since then.

“President Trump became the presumptive Republican nominee in less than a month, and despite the majority of Americans being hurt by Joe Biden’s record-high inflation, he has a winning campaign and a new We have already raised more than $100 million for the revitalized Republican National Committee,” a spokesperson said in a statement. “Team Trump continues to raise the funds needed to win on November 5th.”

The 2024 campaign is on pace to become one of the most expensive in history, following the 2020 campaign in which Mr. Biden raised about $1 billion and Mr. Trump about $775 million, according to federal records. It is being done.

Despite his financial advantage, Biden has struggled to overtake Trump in the polls. The former president maintains a lead in nearly every key battleground state expected to determine the outcome of November’s election.

According to the average Decision Desk poll, Trump led by 4 percentage points in Arizona, 5 percentage points in Georgia, 3 percentage points in Michigan and 3 percentage points in North Carolina. Both candidates are in close races in Pennsylvania and Wisconsin.

Updated at 3:35 p.m.

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.