Biden Campaign Raises $42M in January, $130M Cash on HandWendell Husebø 20 Feb 2024
The Biden campaign raised $42 million in January and began February with $130 million in cash on hand, the campaign announced Tuesday.
The $130 million in cash on hand reportedly represents a “record-setting total” for a Democrat presidential candidate at this time during an election cycle.
January was the best grassroots fundraising since April, as 97 percent of donations were under $200, the campaign said.
The campaign received contributions from 1.1 million donors in total.
Meanwhile, the Trump campaign has not released its January fundraising totals. In January, it had $33 million cash on hand.
“While Team Biden-Harris continues to build on its fundraising machine, Republicans are divided — either spending money fighting Donald Trump, or spending money in support of Donald Trump’s extreme and losing agenda,” Biden’s campaign manager Julie Chavez Rodriguez said.
It appears the Biden campaign, despite its sluggish start, has far more resources than the Trump campaign, which is under a great financial burden due to legal cases brought against the former president.
On Friday, New York Judge Arthur Engoron ruled Trump must pay nearly half a billion dollars in a civil case. He must pay the money as a bond before he can appeal the ruling.
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https://www.breitbart.com/politics/2024/02/20/biden-campaign-raises-42m-in-january-130m-cash-on-hand/
