Biden raises $71 million in third quarter
- 8 months ago
#englishnews #joebiden
News Article :-
President Joe Biden raised more than $71 million for his reelection campaign and the Democratic Party in the third fundraising quarter of the year, his campaign announced on Sunday.
Biden’s haul outpaces the amounts raised by each of the Republican presidential candidates who have reported their results so far.
The president’s political operation with the Democratic National Committee ended the quarter with $91 million, the campaign said. Biden’s campaign did not disclose how that money was divided between the campaign and the party committee.
The president nearly met the $72 million that he raised in the first fundraising quarter this year, though that period was three weeks shorter since he launched his reelection in late April.
Campaign co-chair Jeffrey Katzenberg told CNN the figure “exceeded the high-bar goals” the campaign set for the July to September period, which is typically a sluggish time to raise money. Katzenberg argued it provides Biden with an upper hand as he’s able to devote the early resources toward the general election while Republicans battle it out in their primary.
“The momentum is continuing to build for him. As the stakes of the election are becoming clearer and the choice could not be more distinctive, the enthusiasm grows,” Katzenberg said. “All the money that has been raised and is continuing to be raised and the $91 million that is in the bank today, it’s all focused on November of 2024. All of our investment today is focused on those strategic, important places – states that are going to be where this race will be won or lost.”
‘Actions speak louder than words’
The Biden campaign also said its grassroots network grew from the previous quarter.
The average grassroots contribution was $40, the campaign said, and 97% of all donations were under $200.
The campaign did not provide an exact total raised by small-dollar donors, but that figure is expected to become available when the campaign files its report with the Federal Election Commission by Sunday’s deadline.
The $71 million showing comes as the 80-year-old president has faced low approval ratings and concerns about his age. But Katzenberg argued the latest fundraising haul shows enthusiasm for the president’s candidacy.
“Actions speak louder than words, and what this result is really about is not the vibes, not the feelings, not the angst, not the tea leaf reading. It’s concrete proof that the beltway chatter, the cable talking heads, once again have gotten this wrong. They underestimated Joe Biden,” Katzenberg said.
‘Dark Brandon’ mugs and supporter meetups
Biden’s latest fundraising figure is higher than that raised by the candidates in the Republican presidential primary, according to the amounts reported so far. Former President Donald Trump has topped that list, raking in more than $45.5 million last quarter for his campaign and associated committees.
Trump’s
News Article :-
President Joe Biden raised more than $71 million for his reelection campaign and the Democratic Party in the third fundraising quarter of the year, his campaign announced on Sunday.
Biden’s haul outpaces the amounts raised by each of the Republican presidential candidates who have reported their results so far.
The president’s political operation with the Democratic National Committee ended the quarter with $91 million, the campaign said. Biden’s campaign did not disclose how that money was divided between the campaign and the party committee.
The president nearly met the $72 million that he raised in the first fundraising quarter this year, though that period was three weeks shorter since he launched his reelection in late April.
Campaign co-chair Jeffrey Katzenberg told CNN the figure “exceeded the high-bar goals” the campaign set for the July to September period, which is typically a sluggish time to raise money. Katzenberg argued it provides Biden with an upper hand as he’s able to devote the early resources toward the general election while Republicans battle it out in their primary.
“The momentum is continuing to build for him. As the stakes of the election are becoming clearer and the choice could not be more distinctive, the enthusiasm grows,” Katzenberg said. “All the money that has been raised and is continuing to be raised and the $91 million that is in the bank today, it’s all focused on November of 2024. All of our investment today is focused on those strategic, important places – states that are going to be where this race will be won or lost.”
‘Actions speak louder than words’
The Biden campaign also said its grassroots network grew from the previous quarter.
The average grassroots contribution was $40, the campaign said, and 97% of all donations were under $200.
The campaign did not provide an exact total raised by small-dollar donors, but that figure is expected to become available when the campaign files its report with the Federal Election Commission by Sunday’s deadline.
The $71 million showing comes as the 80-year-old president has faced low approval ratings and concerns about his age. But Katzenberg argued the latest fundraising haul shows enthusiasm for the president’s candidacy.
“Actions speak louder than words, and what this result is really about is not the vibes, not the feelings, not the angst, not the tea leaf reading. It’s concrete proof that the beltway chatter, the cable talking heads, once again have gotten this wrong. They underestimated Joe Biden,” Katzenberg said.
‘Dark Brandon’ mugs and supporter meetups
Biden’s latest fundraising figure is higher than that raised by the candidates in the Republican presidential primary, according to the amounts reported so far. Former President Donald Trump has topped that list, raking in more than $45.5 million last quarter for his campaign and associated committees.
Trump’s