Biden raises over $97 million in 4th quarter, $117 million on hand

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Biden raises over $97 million in fourth quarter, $117 million on hand

Revealed: The Secrets our Clients Used to Earn $3 Billion

U.S. President Joe Biden speaks throughout the National Association of Counties Legislative Conference in Washington, D.C., U.S., February 15, 2022.

Joshua Roberts|Reuters

President Joe Biden’s reelection effort states it got over $97 million in contributions throughout the 4th quarter of 2023.

As an outcome, Biden and Vice President Kamala Harris’ political operation got in a critical year with $117 million money in their project war chest. The quantity represents the amount overall of 4 entities: Biden’s project, his 2 joint fundraising committees and the Democratic National Committee.

“Across our coalition, we are seeing early, sustained support that is helping us scale our growing operation across the country and take our message to the communities that will determine this election,” Julie Chavez Rodriguez, Biden’s project supervisor, stated in a declaration.

The $117 million offers the project with important resources as he president has a hard time in the surveys. Biden’s approval numbers dropped to 40% in a study taken in November, according an NBC News study.

Biden’s project indicated online fundraising as essential to their technique.

For example, a contest called “Cup of Joe,” which enabled participants the possibility to meet both Biden and Harris, assisted raise over $3 million, the project stated.

In addition to padding its bottom line, Biden’s political operation likewise grew its e-mail list by 15% in the 4th quarter. Those individuals might not be donors yet, making them ripe targets for fundraising as the project advances.

Former President Donald Trump, Biden’s most likely competitor in the race for president, had actually not revealed just how much he raised throughout the last quarter.

But the numbers Trump reported throughout his reelection project in 2019 use a point of contrast.

In the 4th quarter of 2019, Trump and the Republican National Committee reported a combined haul of $125 million, considerably more than Biden’s $97 million figure.

Trump’s reelection effort stated it at the time that it started 2020 will $156 million in money on hand. Biden has $117 million.