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Biden campaign raises over US$53 million in February fundraising

Biden campaign raises over US$53 million in February fundraising
United States President Joe Biden speaks to the media as he prepares to depart Joint Base Andrews for a campaign event in Philadelphia, Maryland, US, on Mar 8, 2024. Biden's re-election campaign raised more than US$53 million in February 2024. (File photo: REUTERS/Evelyn Hockstein)

WASHINGTON: United States President Joe Biden's re-election campaign raised more than US$53 million in February and has US$155 million cash-on-hand after pulling in the most grassroots fundraising since the campaign's launch.

February's fundraising came just before Biden clinched the Democratic Party's nomination in March and before he raised US$10 million in the 24 hours following his fiery State of the Union address.

About 1.3 million donors have made nearly 3.4 million contributions, and 97 per cent of donations have been under US$200, according to a statement from Biden's campaign, which released the figures on Sunday (Mar 17).

Biden in February went on a fundraising trip to California and attended fundraisers in the Los Angeles and San Francisco areas.

Opposition to Donald Trump, who clinched the Republican Party's nomination, and to the Republican Party have motivated donors.

Biden's campaign generated US$1.6 million in grassroots revenue in the 48 hours following the Republican Party primary in South Carolina, while Trump-focused emails have also driven donations, Biden's campaign said.

"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," said Julie Chavez Rodriguez, Biden's campaign manager.

A recent Reuters/Ipsos poll showed Biden had a marginal 1 percentage point lead over Trump ahead of November's election.

Some 39 per cent of registered voters in the one-week poll said they would vote for Biden, a Democrat, if the election were held today, compared with 38 per cent who picked Republican former president Trump.

Source: Reuters/rl

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