Atlanta, Georgia – President Biden’s presidential campaign reported a record fundraising month in February, raising $155 million from nearly half a million donors. Despite facing some challenging poll numbers, Biden’s fundraising success has elevated optimism within the campaign, emphasizing grassroots support as the key to victory in the upcoming election against Donald Trump.
Both Biden and Trump, having secured their parties’ nominations, are gearing up for a contentious rematch of the 2020 election. Early polling data shows Trump with a slight edge nationally and in several key battleground states, marking a shift from the dynamics of the previous election. Additionally, third-party and independent candidates are gaining more traction compared to the 2020 race.
Taking advantage of their financial lead over the Trump campaign, Biden’s team announced plans to expand their operations significantly. This includes opening over 100 new campaign offices and launching a $30 million advertising campaign in strategic states to bolster their messaging to potential voters.
The campaign’s finance chair, Rufus Gifford, highlighted the importance of utilizing their fundraising resources effectively to engage with voters through various mediums. In contrast, Trump’s campaign has been heavily allocating funds towards legal fees as the former president faces several lawsuits and criminal investigations.
Biden’s fundraising efforts in February surpassed those of former President Obama in the equivalent period in 2012, boasting a higher number of unique donors. The campaign has received over 3.4 million donations from 1.3 million donors since its inception, exceeding internal expectations and setting a strong foundation for the upcoming election.
Key campaign figures like Hollywood mogul Jeffrey Katzenberg noted the significant impact of Biden’s increased campaign presence, attributing a surge in enthusiasm and support to the president’s active engagement with voters and donors. The campaign has seen a notable increase in email fundraising and successful events such as the State of the Union address, which resulted in a $10 million fundraising haul in a span of 24 hours.
Following the positive reception of his State of the Union address, Biden embarked on a tour of battleground states, further intensifying his campaign efforts. Sharpening his criticisms against Trump, Biden positioned the former president as a threat to fundamental rights and democratic values, laying the groundwork for a vigorous election campaign ahead.
In response to concerns about his age, Biden directly addressed the issue in the first ad of the campaign’s $30 million advertising push, emphasizing his experience and ability to deliver results for the American people despite his age. With a robust fundraising base and a proactive campaign strategy, Biden’s team appears poised for a competitive and impactful election season.