News$130 million in Biden's campaign office hands, as they break the records

$130 million in Biden's campaign office hands, as they break the records

US President Joe Biden is speaking to the press on the South Lawn of the White House in Washington, DC, on February 19, 2024. (Photo by Aaron Schwartz/NurPhoto via Getty Images)
US President Joe Biden is speaking to the press on the South Lawn of the White House in Washington, DC, on February 19, 2024. (Photo by Aaron Schwartz/NurPhoto via Getty Images)
Images source: © GETTY | NurPhoto
2:01 PM EST, February 20, 2024

Despite the voices against Joe Biden's second term, he raised over 42 million for his campaign. This summed up to the record-breaking 130 million, which never before any Democratic party candidate had at this point of the race

"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," said Biden-Harris campaign manager Julie Chavez Rodriguez, quoted by CBS.

Money race

As the Biden-Harris campaign sees the democratic party relatively united and its donors are pretty generous, their biggest opponent in a possible political rematch is in financial trouble. Republican leading candidate Donald Trump has yet to disclose the fundraising figures for the last month. However, at the end of 2023, groups associated with him reported having $66 million in cash available, in contrast to Biden's $118 million. The gap of $52 million between them is attributed to the legal expenses of the former president.

Trump's 2024 campaign has yet to disclose its fundraising figures for January. Despite being the leading candidate for the Republican nomination, Trump's campaign has not combined its fundraising efforts with the Republican National Committee due to his ongoing competition with Nikki Haley in the Republican primary.

Sources: Politico; CBS

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