President Joe Biden continued his impressive fundraising streak last month, bringing in $53 million in the shortened month of February.
The president’s 2024 reelection campaign and joint fundraising committees ended the month with $155 million cash on hand. Biden campaign officials say February marked the president’s “strongest grassroots fundraising month since launch,” coming off a $42 million haul in January, and the fourth consecutive month of increased donations.
“We’re proud of the record-breaking fundraising machine we’ve built that is going toward reaching the voters about the stakes of this election – to expanding our footprint in the states, investing in paid media, and having our principals barnstorm the country. And we’re just getting started,” said Julie Chavez Rodriguez, Biden-Harris 2024 Campaign Manager. “Donald Trump and the RNC’s numbers and operation tell a different story – one of division, ineptitude, and a fundamental inability to build a coalition that can win 270 electoral votes. The stakes of this election couldn’t be higher for the future of this country, and our historic fundraising operation is making sure every voter knows these stakes come November.”
“While Joe Biden and Democrats continue to put up historic grassroots fundraising numbers, Donald Trump and the RNC are in financial disarray. It’s no surprise that their sales pitch of gutting Social Security and Medicare, taking away our fundamental rights, and ripping away our health care is not resonating with donors who remember the sheer chaos of Trump’s first term,” added DNC Chair Jaime Harrison. “Our grassroots supporters know that the stakes of this year could not be higher, and they’re chipping in like our democracy is on the line — because it is.”
The president maintains a significant cash advantage over his general election opponent, former President Donald Trump.
The former president has maintained strong fundraising numbers himself but has spent the bulk of his sum paying substantial legal fees stemming from his more than 90 federal indictments. Trump ended January with just over $30 million cash in hand.
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Biden’s February figures come as the debates surrounding Biden’s age and general fitness for the presidency have hit a new head. Though Biden was not charged following an investigation into his mishandling of classified documents, special counsel Robert Hur wrote in his February report that the president exhibited a clearly failing memory, a characterization heartily opposed by the White House and Biden’s campaign.
