Biden Beats Trump
President Biden’s campaign is on a financial roll, having raked in an eye-popping $71 million in just the third quarter of 2023, the campaign joyously disclosed this past Sunday.
But that’s not all! They’re sitting on a hefty nest egg of nearly $91 million – a cash reserve they’re calling “unprecedented for any Democratic contender in the annals of political fundraising at this stage.” This impressive financial report card isn’t just about the campaign’s direct earnings; it also reflects the bountiful contributions to joint fundraising committees and the Democratic National Committee’s own successful treasure hunts.
This latest cash influx keeps pace with the campaign’s previous quarter earnings, which were slightly north of $72 million, leaving them with a cool $77 million at the time. And to think, Biden’s bid for a second term only kicked off in April!
Here’s the kicker: Team Biden isn’t just raising funds; they’re outstripping the entire GOP field for 2024! They’re not just leading; they’re leading by a mile, with a cash-on-hand figure that’s poised to dwarf the combined assets of all Republican candidates.
How do the numbers stack up? Former President Trump, leading the GOP pack, pulled in over $45 million, while Florida’s Governor Ron DeSantis netted $15 million, and former Governor Nikki Haley of South Carolina bagged just over $11 million.
And the good news keeps rolling in! Since April, the campaign has welcomed over 240,000 fresh faces to their donor family—contributors who sat out in 2020. What’s more, they’ve secured a commitment from over 112,000 stalwarts who’ve pledged a monthly donation from now until the last vote is cast in 2024.
“Our grassroots donor base isn’t just growing; it’s skyrocketing! With over a hundred thousand Americans locked in to provide ongoing support, we’re geared up to keep this momentum going strong right through to Election Day,” an exuberant Julie Chavez Rodriguez, the campaign manager, proclaimed in a statement.
So, watch this space, because it seems like Biden’s campaign is not just making waves—it’s making history! 🚀🇺🇸