Joe Biden’s campaign raises and spends more than Donald Trump’s

Joe Biden’s campaign raises and spends more than Donald Trump’s

Biden’s main campaign account took in $64 million last June and spent $59 millionmuch of it on campaign ads, ending the month with $95 million in the bank, according to an official filing with the U.S. Federal Election Commission.

US Elections: Biden Raises and Spends More Funds Than Trump

While, Republican Trump’s main account said it raised $21 million in the same period and spent about $10 million.with 128 million in cash at the end of the month.

Joe Biden, 81 years oldraised more than $5 million in the three days following his June 27 debate against Donald Trump, 78 years old.

But this month Biden has faced a wave of calls from Democratic lawmakers to drop out of the race, and his fundraising has plummeted so far in July.

trump

Trump was confirmed by the Republican Party as a candidate.

Reuters

The two candidates remain neck and neck in national polls, although Trump has led in several surveys in battleground states that could determine the winner of the Nov. 5 presidential election.

Since the beginning of July, 35 Democratic congressmen have publicly called on Biden to end his re-election bidwith many citing his advanced age and difficulties on the debate stage. Several Biden fundraisers are reportedly on hold as some big donors have urged Biden to withdraw.

If Biden If he drops out of the race, control of his campaign funds could potentially pass to his running mate, Vice President Kamala Harrisshould she become the Democratic nominee.

Alternatively, Biden could transfer his funds to the Democratic Partywhich is already a major fundraiser for his re-election effort and reported raising $39 million with his main fundraising group in June.

Joe Biden.JPG

Biden on the campaign trail.

REUTERS

Trump had surpassed Biden in fundraising in Maywhen supporters of the former president increased donations in the run-up to his May 30 conviction on corporate fraud charges

The largest super PAC supporting Trump, known as MAGA Inc., reported raising more than $22 million during the monthincluding $5 million contributions from hotelier Robert Bigelow and former professional wrestling entrepreneur Linda McMahon.

By BidenLinkedIn co-founder, Reid Hoffman donated $3 million to FF Pac, a super PAC backing the president’s reelection effortaccording to a separate filing with the Federal Election Commission.

Source: Reuters

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts