February fundraising: Biden $53M, Trump $20M; Biden has huge cash on hand advantage

[ajc0918]

February fundraising by campaign:

Trump campaign:
Raised: $20M
Cash on Hand: $42M

https://thehill.com/homenews/campaign/4536758-biden-campaign-says-it-raised-53-million-in-february-and-has-155-million-on-hand/

Biden campaign
Raised: $53M
Cash on Hand: $155M

https://www.foxnews.com/politics/trump-rakes-more-than-20-million-february-eclipses-january-haul?utm_source=dlvr.it&utm_medium=twitter

[President Johnson]

Trump once again is a loser and you love to see it.

However, while cash helps, it's not that the better funded candidate wins automatically. Still, primary results and fundraising don't support the notion that Biden has an enthusiasm problem.

[Rand]

[Liminal Trans Girl]

Oh yeah

[GAinDC]

February fundraising by campaign:

Trump campaign:
Raised: $20M
Cash on Hand: $42M

https://thehill.com/homenews/campaign/4536758-biden-campaign-says-it-raised-53-million-in-february-and-has-155-million-on-hand/

Biden campaign
Raised: $53M
Cash on Hand: $155M

https://www.foxnews.com/politics/trump-rakes-more-than-20-million-february-eclipses-january-haul?utm_source=dlvr.it&utm_medium=twitter

Haha of course Fox News frames this as great news for TRUMP!

They don’t even mention how much Biden raised

[The Mikado]

Usually when people say that Cash on Hand doesn't matter that much on the Presidential level they're not imagining someone literally TRIPLING his opponent.

[DrScholl]

If that trend continues Trump is not going to be able to keep up in ad spending and GOTV infrastructure. Republicans rely on paid canvassers and staff to do ground work whereas Democrats have a bigger base of volunteers. Biden can put a lot of that money towards ads and opening offices while Trump will be paying legal bills and putting up cheap web ads.

[GAinDC]

If that trend continues Trump is not going to be able to keep up in ad spending and GOTV infrastructure. Republicans rely on paid canvassers and staff to do ground work whereas Democrats have a bigger base of volunteers. Biden can put a lot of that money towards ads and opening offices while Trump will be paying legal bills and putting up cheap web ads.

Can’t wait!

[The Mikado]

If that trend continues Trump is not going to be able to keep up in ad spending and GOTV infrastructure. Republicans rely on paid canvassers and staff to do ground work whereas Democrats have a bigger base of volunteers. Biden can put a lot of that money towards ads and opening offices while Trump will be paying legal bills and putting up cheap web ads.

I think Trump's hope has to be that Haley dropping out loosens some big donor wallets who had been holding out hope that he wouldn't be the nominee. Remember Haley dropped out on March 6th so the primary was still ongoing in this period. If the NEXT report doesn't have a big Trump's the Nominee surge this is real trouble.

I actually am starting to see the reason why Biden's toying with spending in Florida and Texas even though I think there's close to zero chance he wins either: if he can force the cash-strapped Trump campaign to spend there that's a huge benefit and when you have a three to one cash edge you can do things like make plays in places purely to force the other side on defense.

[Mehmentum]

Yeah, a more than 2:1 cash advantage is nothing to sneeze at.

[Absentee Voting Ghost of Ruin]

In a normal election cycle numbers like this would be devastating, particularly if they continue. But fortunately for the GOP, they'll be nominating a multi-billionaire with a history of self-funding.

[The Mikado]

February fundraising by campaign:

Trump campaign:
Raised: $20M
Cash on Hand: $42M

https://thehill.com/homenews/campaign/4536758-biden-campaign-says-it-raised-53-million-in-february-and-has-155-million-on-hand/

Biden campaign
Raised: $53M
Cash on Hand: $155M

https://www.foxnews.com/politics/trump-rakes-more-than-20-million-february-eclipses-january-haul?utm_source=dlvr.it&utm_medium=twitter

RFK Jr

Raised: 3.1 M
Spent: 2.8 M
Cash on hand 5M

https://www.politico.com/news/2024/03/20/robert-kennedy-jr-security-debt-fec-00148149

EDIT: If anyone finds Cornel West's or Jill Stein's numbers, please post in thread. Thanks!

[wbrocks67]

February fundraising by campaign:

Trump campaign:
Raised: $20M
Cash on Hand: $42M

https://thehill.com/homenews/campaign/4536758-biden-campaign-says-it-raised-53-million-in-february-and-has-155-million-on-hand/

Biden campaign
Raised: $53M
Cash on Hand: $155M

https://www.foxnews.com/politics/trump-rakes-more-than-20-million-february-eclipses-january-haul?utm_source=dlvr.it&utm_medium=twitter

RFK Jr

Raised: 3.1 M
Spent: 2.8 M
Cash on hand 5M

https://www.politico.com/news/2024/03/20/robert-kennedy-jr-security-debt-fec-00148149

What did he spent $2.8M on? His PAC was handling most of the ballot access too, so it definitely wasn't that, and he hasn't run any ads. He nearly outspent his income again in February (I believe he did this in January too, and raised more in Jan than Feb); this is not a serious campaign.

[wbrocks67]

This is not a serious campaign either; it's >95% likely at this point that West will be on little to no ballots this fall

https://twitter.com/CATargetBot0001/status/1770256649724535233?s=20

[The Mikado]

February fundraising by campaign:

Trump campaign:
Raised: $20M
Cash on Hand: $42M

https://thehill.com/homenews/campaign/4536758-biden-campaign-says-it-raised-53-million-in-february-and-has-155-million-on-hand/

Biden campaign
Raised: $53M
Cash on Hand: $155M

https://www.foxnews.com/politics/trump-rakes-more-than-20-million-february-eclipses-january-haul?utm_source=dlvr.it&utm_medium=twitter

RFK Jr

Raised: 3.1 M
Spent: 2.8 M
Cash on hand 5M

https://www.politico.com/news/2024/03/20/robert-kennedy-jr-security-debt-fec-00148149

What did he spent $2.8M on? His PAC was handling most of the ballot access too, so it definitely wasn't that, and he hasn't run any ads. He nearly outspent his income again in February (I believe he did this in January too, and raised more in Jan than Feb); this is not a serious campaign.

The article goes into this, but he's been spending hand over fist on his personal security/bodyguards. It's the reason he's so angry he hasn't been granted Secret Service protection (which IIRC no third party candidate has ever gotten?).

[The Mikado]

Great. If anyone would post Jill Stein's when it pops up (and any other third parties you see ofc but that's one I'm interested in) that'd be great.

[Redban]

What did he spent $2.8M on? His PAC was handling most of the ballot access too, so it definitely wasn't that, and he hasn't run any ads. He nearly outspent his income again in February (I believe he did this in January too, and raised more in Jan than Feb); this is not a serious campaign.

Biden’s admin is still refusing to give him secret service protection, forcing him to hire expensive private security

Gary Johnson raised $12 million the whole 2016 cycle. Kennedy just raised a third that figure in one month . He should be compared to other third party/independents, not Dems or Repubs

[Arizona Iced Tea]

One thing worth noting is Bidens figure includes the DNC whereas Trumps doesn't include RNC.

[Progressive Pessimist]

One thing worth noting is Bidens figure includes the DNC whereas Trumps doesn't include RNC.

Well, the RNC is in shambles, so I wouldn't expect much difference.

[wbrocks67]

What did he spent $2.8M on? His PAC was handling most of the ballot access too, so it definitely wasn't that, and he hasn't run any ads. He nearly outspent his income again in February (I believe he did this in January too, and raised more in Jan than Feb); this is not a serious campaign.

Biden’s admin is still refusing to give him secret service protection, forcing him to hire expensive private security

Gary Johnson raised $12 million the whole 2016 cycle. Kennedy just raised a third that figure in one month . He should be compared to other third party/independents, not Dems or Repubs

First off, 2016 isn't comparable since fundraising has exploded even since then; and no, RFK doesn't need secret service protection. You don't just get that because you're "running" for president, sorry. $3M in a month is embarassing for a "presidential" candidate; you have congressional candidates who aren't far from those numbers.

[wbrocks67]

One thing worth noting is Bidens figure includes the DNC whereas Trumps doesn't include RNC.

Well, the RNC is in shambles, so I wouldn't expect much difference.

Yep, RNC only raised $10M in February. Even adding that to Trump's total, you only get $30M compared to Biden/DNCs $53M

https://twitter.com/rpyers/status/1770573942371271116?s=46&t=nqSV11RbCF5uPVGwzcOMtg

[ajc0918]

Trump’s Save American PAC spent $5.5 million on legal fees in February. Trump’s actual campaign spent another $1M. Devastating stuff for Trump. That’s just not sustainable at this point.

[The Mikado]

https://twitter.com/CATargetBot0001/status/1770622819195605298

Jill Stein:

Raised 107K
Spent 88K
57K Cash on Hand.