this post was submitted on 17 Mar 2024
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The February haul — the combined total raised by Biden’s campaign, the Democratic National Committee, and authorized joint fundraising committees — is an increase from the $42 million that Biden raised in January. The campaign’s consistently strong fundraising has enabled Biden to amass $155 million in cash on hand, the largest amount any Democratic presidential candidate has ever raised at this point in the election cycle, his campaign said Sunday.

The campaign is not relying on big checks alone, suggesting that grassroots enthusiasm for the president still runs deep. In February, Biden received 562,000 contributions from 469,000 unique donors, according to the campaign. And since he began running for reelection, 97% of all individual donations were under $200.

As a result of his preoccupation with the primary, mounting legal costs and overall management failures, Trump is seriously behind Biden in fundraising. In January, he raised $8.9 million and spent more than $11 million, ending the month with just over $30 million in cash on hand. 

The RNC has also struggled to raise money, bringing in less in 2023 than in any year since 2015. Trump retook control of the RNC earlier this month, appointing ally Michael Whatley as chair and daughter-in-law Lara Trump as co-chair.

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[–] cfi@lemmy.world 65 points 8 months ago (3 children)

Ok but Trump is getting free press from the media. They're frothing at the mouth at the concept of him becoming President again because their numbers have never been higher than they were during his disasterous four years.

[–] Tyfud@lemmy.world 3 points 8 months ago

Depressing how accurate you are.

Humanity is doomed because we're sluts for likes.

[–] zenitsu@sh.itjust.works 1 points 8 months ago

If the press he gets is mainly how badly he's doing in the trials then fair enough

[–] normanwall@lemmy.world -1 points 8 months ago* (last edited 8 months ago)

If Trump ends up a lame duck president that can't get anything done(after draining all the fundraising cash and the Republicans lose bigly), the tantrums, stress and the fast food will end up killing him and it will be wonderfully chaotic

[–] Rapidcreek@lemmy.world 16 points 8 months ago (3 children)

$155 million cash on hand is the highest total amassed by any Democratic candidate in history at this point in the cycle, according to the campaign

[–] maynarkh@feddit.nl 11 points 8 months ago

Is that adjusted for inflation?

[–] navi@lemmy.tespia.org 7 points 8 months ago

Which is disgusting if you think about it.

Get money out of politics.

[–] IndustryStandard@lemmy.world -3 points 8 months ago* (last edited 8 months ago)

AIPAC paying good money.

[–] exixx@lemmy.world 15 points 8 months ago

It should be interesting to see the effect of virtually zero ads from republicans as compared to the deluge of them the democrats are going to be able to pay for.

[–] jordanlund@lemmy.world 11 points 8 months ago

I heard this on NPR today and it was immediately followed with "Trump has not yet announced the results of his fundraising."

Which is interesting in and of itself, because I thought releasing fundraising stats was a requirement of running for office?

A good run down of some numbers here, both compared to Trump and to 2019:

https://www.opensecrets.org/news/2024/02/three-takeaways-from-2024-presidential-candidate-campaign-finance-filings/

One interesting thing to note, yes, Biden is far ahead of Trump in fundraising this cycle, but he's running behind Trump's fundraising in the 2019 cycle.

[–] distantsounds@lemmy.world 7 points 8 months ago

Maybe now he can get his message out that he’s running for President. I know I’d spend it differently, but that’s just me.

[–] GladiusB@lemmy.world 0 points 8 months ago (1 children)

So, can we get free healthcare yet?

[–] throwwyacc@lemmynsfw.com 3 points 8 months ago

As soon as you convince the republicans yeah. Seems like America is stuck because so many people genuinely don't want it Which must be the most annoying thing ever, seems insane