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In 2nd quarter, Trump raises $331M, Biden raises $264M for campaigns

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  • In 2nd quarter, Trump raises $331M, Biden raises $264M for campaigns
  • July 2, 2024
  • Article Body Text <p>Republican presidential candidate Donald Trump's campaign raised $331 million in the second quarter, it said on Tuesday, topping the $264 million President Joe Biden's campaign and its Democratic allies raised in the same period. </p> <p>Biden's total, which covers April through June, included $127 million raised in June and a record fundraising haul among small-dollar donors on the day of Biden's widely panned debate against Trump, Biden's campaign said. </p> <p>The president's reelection effort has $240 million in cash on hand, the campaign said. </p> <p>The Trump campaign said it added $111.8 million in June and has $284.9 million in cash on hand. </p> <p>Biden's team is eager to show fundraising strength after the president's debate performance, which prompted calls from some Democrats for him to step aside as the party's presidential candidate. </p> <p>Thursday was the best day of fundraising from small-dollar or grassroots donors to the campaign, followed by Friday, when concern about the debate was causing waves of panic through Democratic circles, the Biden campaign said. </p> <p>In the second quarter, 95% of donations were less than $200, a point the campaign underscored as broad support from average Americans instead of heavy reliance on wealthy donors. </p> <p>The total fundraising figures include donations to the Biden campaign, the Democratic National Committee and joint fundraising committees. </p> <p>Trump's campaign said its fundraising operation continues to thrive alongside growing voter enthusiasm for the Republican candidate. </p> <p>&quot;This fundraising momentum is likely to grow even more as we head into a world-class convention and see the Democrats continue their circular firing squad in the aftermath of Biden's debate collapse,&quot; Trump campaign advisers Chris LaCivita and Susie Wiles said in a statement. </p>
  • Content Type Text
  • Language English
  • NewsML Media Topics Arts, Culture, Entertainment and Media
  • Subtitles / Dubbing Available No
  • Network VOA
  • Embargo Date July 2, 2024 19:31 EDT
  • Byline Reuters
  • Brand / Language Service Voice of America - English
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