President Biden’s re-election campaign brought in more than $90 million in March, outpacing Donald Trump’s haul for the month by $25 million and bringing the Democrat’s total cash on hand to a historic $192 million.
Both campaigns are turning up their efforts to bring in funding as the 2024 race barrels towards a rematch, with last month marking the largest haul for each candidate this cycle.
Biden, 81, participated in a ritzy Radio City Music Hall gala March 28 alongside former presidents Barack Obama and Bill Clinton that brought in more than $25 million — and his re-election team claimed March was the “strongest grassroots fundraising month” since the president launched his re-election bid in April of last year.
The president’s campaign team timed their announcement to come out hours before the Trump campaign’s scheduled mega-fundraiser in Palm Beach Saturday night, where the presumptive GOP nominee hopes to bring in over $33 million.
“While Trump cozies up to billionaires tonight at Mar-a-Lago to raise his money, Team Biden-
Harris’ first-quarter haul was driven by the strength of our grassroots support, which continues
to grow month over month,” the campaign said in their announcement.
The March haul bests February’s total of $53 million for Biden and the Democratic National Committee, when the campaign ended that month with $155 million cash on hand.
“The money we are raising is historic, and it’s going to the critical work of building a winning
operation, focused solely on the voters who will decide this election – offices across the country,
staff in our battleground states, and a paid media program meeting voters where they are,” said
Julie Chavez Rodriguez, Biden-Harris 2024 campaign manager.
“It’s a stark contrast to Trump’s cash-strapped operation that is funneling the limited and billionaire-reliant funds it has to pay off his various legal fees.”
Trump’s campaign has said that they do not aim to surpass Biden’s haul, and that they do not have to match the president dollar-for-dollar to win in November.
The former president’s team — working alongside the Republican National Committee — raised over $65.6 million in March and ended the month with more than $91.3 million cash on hand, according to the GOP.
Biden’s team boasted that their $192 million cash on hand is the highest total for any Democratic candidate ever at this point in any election cycle.
The campaign also jabbed Trump for having to pay out a mountain of legal fees amid the looming criminal cases against him, saying the $100 million war chest difference “just so happens to be the same amount in legal fees Trump has paid since he left the White House.”
