By Maria Ortiz
06 Apr 2024, 17:29 PM EDT
President Joe Biden’s re-election campaign in the 2024 election reported raising more than $90 million in March, $25 million more than the $66 million raised by former President Donald Trump and his campaign.
And Biden’s total available cash lead over Trump grew even further last month.
Biden’s campaign says the president entered April with $192 million in his coffers, which it says is the highest amount accumulated by any Democratic candidate in history.
By comparison, the Trump campaign and the Republican National Committee announced Wednesday that they ended March with more than $93 million in cash on hand, nearly $100 million less than Biden.
According to figures released this Saturday, the Biden campaign managed to raise more than $90 million dollars in March, equivalent to 40% more than the Trump campaign, in part thanks to the large electoral event held at the end of the month at Radio City Music Hall in New York and where Biden and two of his predecessors in the White House, Bill Clinton and Barack Obama, took the stage.
At that event alone, where artists like Queen Latifah performed, Biden managed to raise $26 million.
Biden has been surpassing Trump in fundraising for months, in part because the Republican has had to face numerous legal expenses due to the lawsuits he faces, including four criminal cases, two of them related to his attempts to overturn the results of the 2020 elections.
In addition, Trump has faced a primary process in which some major GOP donors supported other candidates, such as former UN ambassador Nikki Haley, the latest to withdraw.
Now that he has mathematically won the primaries and is virtually the Republican candidate for the November elections, Trump has managed to get the Republican Party to close ranks around him
For example, he has placed new leaders at the helm of the RNC, including his daughter-in-law, Lara Trump, wife of his son Eric, and has reached an agreement so that a portion of donations to the party will go to pay his lawyers in the trials that are pending.
With the aim of closing the gap with Biden, Trump plans to hold a fundraising event tonight at the residence of billionaire John Paulson in Palm Beach, Florida, in which he hopes to raise $43 million more for his campaign.
Keep reading:
– The difference is narrowing: Trump surpasses Biden by 1 point in a new national survey
– Trump and Biden easily win the primaries in Rhode Island, Connecticut, New York and Wisconsin
– Biden campaign says it considers Florida “winnable” in the election against Trump