Joe Biden’s Campaign Raises Over $53 Million in February Fundraising
Successful Fundraising Efforts
U.S. President Joe Biden’s re-election campaign had a successful fundraising month in February, raising over $53 million. The campaign now boasts $155 million in cash-on-hand, a significant amount following a surge in grassroots fundraising since its launch.
Support from Donors
During February, Biden’s campaign received support from approximately 1.3 million donors who made nearly 3.4 million contributions. An impressive 97% of donations were less than $200, showcasing widespread grassroots support for the campaign.
Strategic Fundraising Tactics
Biden’s fundraising efforts were strategically timed, with significant contributions coming in before he secured the Democratic Party’s nomination in March. Following a powerful State of the Union address, the campaign raised an additional $10 million in just 24 hours.
Impact of Biden’s Campaign
Donors have been motivated by opposition to Donald Trump and the GOP, leading to a surge in contributions. Biden’s campaign generated $1.6 million in grassroots revenue within 48 hours of the GOP primary in South Carolina, highlighting the campaign’s strong support base.
Outlook for the Election
A recent Reuters/Ipsos poll revealed that Biden holds a marginal 1 percentage point lead over Trump ahead of the November election. With 39% of registered voters supporting Biden compared to 38% for Trump, the race remains closely contested.
Final Thoughts
As the election draws nearer, Biden’s campaign continues to focus on engaging voters and highlighting the importance of the upcoming election. With a strong fundraising operation and widespread grassroots support, the campaign is working tirelessly to secure victory in November.
