Donald Trump's campaign just taught Joe Biden how to run a fundraiser. According to reports, Trump's camp raked in a jaw-dropping $331 million in the second quarter of the year, while Biden's reelection campaign and the Democratic National Committee scraped together a mere $264 million. Ouch.
Biden is having a rough week. First, he stumbled through a debate that had even his most loyal supporters cringing. Now, he's trying to calm down a jittery Democratic Party while watching Trump's campaign coffers swell. With Trump's crew out-raising Biden by a hefty margin, it's clear that the former president's magnetic pull hasn't waned one bit.
Trump's campaign reports raising $331 million in year's 2nd quarter, beating Biden's haul https://t.co/rN0tgxsV74
— The Associated Press (@AP) July 2, 2024
Despite Biden managing to raise a slightly higher amount in June alone—$127 million compared to Trump's $111.8 million—the overall financial picture looks grim for the current president. Biden's figures are dwarfed by Trump's impressive quarter-end statistics, including a hefty $33 million spike post-debate (probably from folks trying to contain the damage).
Trump's campaign isn't just piling up the cash; they're sitting pretty with $284.9 million in the bank, compared to Biden's $240 million. Hmm, who's really in trouble here? Biden's team is burning through their funds at record speed on ads that apparently aren't resonating with voters. Meanwhile, Trump is gearing up for what promises to be a blockbuster convention, and the momentum is only building as Democratic infighting continues.
While Biden's campaign manager is touting their support base, the Democrats might want to focus on keeping their ship from sinking. With Trump dominating the fundraising game and the Democrats locked in a circular firing squad, it looks like 2024 could be another year of liberal tears.