Biden's campaign says it raised $127 million in June as it tries to calm donors after unsteady debate
CBSN
President Biden's campaign says it raised $127 million in June, calling it the best fundraising month of his reelection campaign. The campaign also said it entered July with $240 million across its committees, an increase from last month despite expanding its campaign footprint and a $50 million ad buy in June.
The money is a welcome sign for the campaign, which is still dealing with political fallout from his party after a disastrous, unsteady performance from Mr. Biden at last week's debate. A CBS News poll from Sunday showed that voters, too, are steadily losing confidence in the 81-year-old president's mental and cognitive health.
Mr. Biden's campaign says 95% of its contributions for the second fundraising quarter (April through June) were under $200, and that 864,000 of the donors are making their first donation this election cycle.
