The Biden campaign said it raised over $90 million in March as President Trump is set for a record single-day haul of $43 million at a Saturday fundraiser.
Former President Donald Trump’s campaign expects to raise a record-breaking $43 million at a single big fundraiser in Florida on Saturday as it looks to narrow the gap with the war chest of the Biden campaign, which said it raised over $90 million in March.
President Joe Biden’s campaign announced on April 6 that it raised more than $90 million in March, bringing its total cash on hand to $192 million. The campaign boasted that this is the highest total amassed by any Democrat candidate in history at this point in the election cycle.
“The money we are raising is historic, and it’s going to the critical work of building a winning operation,” Julie Chavez Rodriguez, the Biden-Harris 2024 campaign manager, said in a statement.
The amount the Biden campaign has raised so far is more than double the haul of the Trump campaign, which closed out the month of March with $93.1 million in its coffers.
“The response to our fundraising efforts has been overwhelming, and we’ve raised over $43 million so far,” billionaire John Paulson told The Epoch Times in an email sent by a spokeswoman. “There is massive support amongst a broad spectrum of donors.”
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When the dust settles on the Palm Beach event on Saturday and the $43 million becomes official, it will mark the biggest-ever single-day fundraising haul in the history of U.S. politics.
“Our campaign, working together with the RNC, has been steadily ramping up our fundraising efforts, and our March numbers are a testament to the overwhelming support for President Trump by voters all across the spectrum,” Susie Wiles, a senior adviser to Trump’s campaign, said in a statement on April 3, when the Trump campaign announced its March haul of $65.6 million.
President Biden’s $90 million March fundraising came in a month where his campaign sharply ramped up its operations, adding over 100 field offices and announcing a $30 million ad buying spree.
Most Expensive Election Cycle in History
The two men are poised to face off in the Nov. 5 general election in a repeat matchup of 2020, which was the most expensive federal campaign in history.
In the 2020 election cycle, spending on the presidential race exceeded $6 billion, according to OpenSecrets.org, a nonpartisan research group that tracks money in American politics.
By contrast, the Trump campaign and its allies have spent $3.4 million since Super Tuesday, with $265,000 in currently booked ads.
President Trump’s high-dollar fundraiser on Saturday is expected to host around 100 guests, including several billionaires.
According to an invitation to the “Inaugural Leadership Dinner,” contributions will go toward the Trump 47 Committee, which is a joint fundraising agreement with the Republican National Committee, state Republican parties and Save America, a political action committee.
Republican support has solidified behind President Trump as he racked up easy wins in the primaries and became the GOP’s presumptive nominee.
President Biden’s fundraiser in New York was attended by former Presidents Barack Obama and Bill Clinton.
Original News Source Link – Epoch Times
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