Thursday, May 23, 2024

Here's What's 'Especially Remarkable' About Trump's April Fundraising Numbers

Here's What's 'Especially Remarkable' About Trump's April Fundraising Numbers

Curtis Means/Pool Photo via AP

Former President Donald Trump's campaign surpassed President Biden’s political operation in April fundraising, new figures show.

Biden’s campaign and the Democratic National Committee and their joint fundraising committees brought in more than $51 million in April. But Trump’s campaign and the Republican Party and their joint fundraising committees had them beat for the first time, raising $76 million.

Trump and the RNC "significantly outraised Biden and the Democrats in the month of April, thanks to the support of millions of small-dollar donors from every state across the country," Trump campaign press secretary Karoline Leavitt said in a statement.

"President Trump's fundraising haul over Biden is especially remarkable when you consider he has been confined to a courtroom for nearly 9 hours a day over the past four weeks fighting against Biden's Trial," Leavitt added.

The latest figures show that Biden still has a cash advantage. But Trump and the Republican National Committee may be closing the gap on Biden's fundraising lead.

  • The Biden campaign reported ending the month with $192 million in cash on hand, which it said was more than any Democratic candidate in history at this point in the cycle.
  • That's roughly the same as the campaign's cash-on-hand total from last month.

By the numbers: Biden's April haul is less than the roughly $90 million the campaign and DNC raised in March, a total that was buoyed by a star-studded Radio City fundraiser with former Presidents Obama and Clinton and Biden's State of the Union address.

  • The Biden campaign and DNC said they raised $53 million in February, ending with $155 million cash on hand.

Zoom in: The Biden campaign has held a sustained cash advantage over Trump, who started the year at a huge deficit and continues to spend millions to fight his legal battles.

  • Trump's April fundraising haul was largely carried by his record-breaking $50.5 million fundraiser at investor John Paulson's Palm Beach mansion, which set a fundraiser record for a single event.
  • The Trump campaign has not released cash-on-hand totals across all of its committees. (Axios)

The GOP celebrated April's figures on X. 

https://townhall.com/tipsheet/leahbarkoukis/2024/05/21/fundraising-numbers-n2639317?utm_source=thdailyvip&utm_medium=email&utm_campaign=nl&recip=28668535


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