Biden Announces Raising More Than $90 Million In March With $192 Million In The Bank
HuffPost
His campaign released the figures the same day Donald Trump will likely collect close to $50 million at a Palm Beach high-dollar fundraiser.
WASHINGTON ― President Joe Biden’s reelection effort pulled in more than $90 million in March, his campaign announced Saturday, giving him nearly $200 million in the bank heading into April.
The figures were released the same day that the presumptive Republican nominee, coup-attempting former President Donald Trump, is holding his first major fundraiser of the general election season in Palm Beach, Florida, with donations as high as $814,600. A Republican close to the campaign predicted the event would take in close to $50 million.
Trump’s campaign and the Republican National Committee earlier this week announced that they had raised $65.6 million in March and had $93.1 million in cash available heading into April.
Up to this point, Biden has already been able to accept large checks because he already had a joint fundraising agreement with the Democratic National Committee. Because Trump was competing against other candidates for the nomination, the RNC did not have a similar agreement with Trump, so he had been limited to receiving no more than $6,600 from each donor.
The official reports for the Biden and Trump campaigns, their respective parties and their joint fundraising committees are not due to be filed with the Federal Election Commission until later this month.