President Joe Biden smiles throughout a press conference with Finland’s President Sauli Niinisto at the Presidential Palace in Helsinki, Finland, on July 13.
President Joe Biden, the Democratic National Committee and other collaborated campaign entities collectively raised $72 million in the 2nd quarter of the year, the Biden campaign revealed Friday.
The haul brings Biden’s overall money on hand to $77 million, and offers him an edge over his 2 leading Republican oppositions, previous President Donald Trump and Florida Gov. Ron DeSantis (R). Trump raised $35 million and DeSantis raised $20 million over the very same duration.
“We’ve seen incredible enthusiasm for President Biden and Vice President Harris’ agenda — including their commitment to restoring democracy, fighting for more freedoms and growing the economy by growing the middle class,” Julie Chavez Rodriguez, Biden’s campaign supervisor, said in a declaration accompanying the statement. “While Republicans are burning through resources in a divisive primary focused on who can take the most extreme MAGA positions, we are significantly outraising every single one of them – because our team’s strength is our grassroots supporters.”
Biden’s group is eager to highlight the degree of grassroots support for the campaign, keeping in mind that more than 394,000 donors made 670,000 contributions. Ninety-7 percent of contributions were under $200, according to Biden’s campaign.
Since revealing his quote for a 2nd term in late April, Biden’s group has actually aspired to show its strength — both to the wider electorate and to some Democrats fretful about his capability to hang on to the White House. They have actually looked for to lighten Democratic citizens’ worries about his age and skill, and locked out chatter about alternative candidates embodied by Robert F. Kennedy Jr.’s distinctive campaign.
The campaign declared Friday that Biden’s $77 million in money on hand is the “highest total amassed by a Democrat at any comparable point in history.” The technical term “cash on hand” just suggests the campaign’s built up fundraising less its expenses to date. It is a metric that campaign professionals frequently analyze as proof that fundraising is equaling spending.
Other sitting presidents have however raised more than Biden has at this point in his reelection campaign. In the 2nd quarter of 2011, then-President Barack Obama’s reelection campaign and the DNC jointly raised $86 million. And in the 2nd quarter of 2019, Trump and the Republican National Committee collectively raised $105 million.