“The Stakes Couldn’t Be Higher” Biden Beats Trump in June Fundraising
REUTERS
Despite a debate performance that sent Democratic officials into a frenzy last week, President Joe Biden managed to outpace former President Donald Trump in fundraising for the month of June, according to Politico.
For the first time in months, Biden surpassed Trump’s cash intake, marking a significant financial win for the Biden-Harris campaign. Although Trump’s team expressed satisfaction with the $112 million he secured last month, Politico reports that June is the first month since March in which Biden’s fundraising haul exceeded Trump’s.
Biden’s campaign pulled in an impressive $127 million, according to the report. This surge in funds is crucial for the Biden-Harris campaign as they prepare for the intense battle ahead.
Axios noted earlier this week that “the haul marked an increase over the $85 million the campaign raised into its various accounts in May, but was less than the $141 million Trump brought in” during the same period. However, the significant boost in June underscores the campaign’s growing momentum.
“This election will be close and the stakes couldn’t be higher — which is why today’s fundraising haul matters so much,” Biden-Harris campaign manager Julie Chávez Rodríguez told Axios. “It will ensure that we reach and mobilize the voters who will decide this election every single day,” Rodríguez emphasized.
Since the launch of Biden’s campaign, it has raised over $558 million, a record-breaking amount that surpasses any other Democratic candidate at this stage of the election cycle, as noted by Axios.
The substantial funds raised by Biden’s campaign will be critical in mounting a robust defense against Trump’s well-funded effort. The increased financial support also highlights a renewed confidence among Democratic donors and supporters, despite the controversy surrounding Biden’s recent debate performance.
As the election season heats up, both campaigns are ramping up their efforts to secure votes and sway undecided voters. The financial advantage gained by Biden in June is likely to play a pivotal role in the coming months, as both sides prepare for what promises to be a fiercely contested election.
The next few months will be crucial for both campaigns as they deploy their resources to gain an edge in the race. With the stakes higher than ever, the fundraising battle between Biden and Trump is set to continue, reflecting the high-intensity political landscape leading up to the election.
