More good news the Democrats looking for Donald Trump’s job….
Biden’s money will go further than Trump’s bigger amount b because Biden’s burn rate is way lower….
Trump is trying to neutralise bad polling while Biden is rising in the polls every time Trump tweets for says something wrong….
Joe Biden’s presidential campaign announced it raised $81 million last month, fueled by his rise in the polls against President Trump and growth in his online fundraising operation .
The $80.8 million haul by Biden and two committees associated with the Democratic Party came as Biden’s campaign tripled the number of online donors since February and counted 1.5 million new supporters “in the last few weeks,” according to an email sent Tuesday to supporters.
The new fundraising numbers partly reflect the full fundraising weight of the Biden Victory Fund, a joint enterprise with the Democratic National Committee established in May. Before the fund was established, Biden and the DNC raised $60.5 million in April, 30 percent less than the sum the campaign announced Monday.
But it’s not just big donors fueling the campaign, which said in its email that half of its May donors were new and that educators remain the largest occupational group in its donor base.
Trump, however, maintains a significant cash advantage over Biden, who only recently began venturing beyond his Wilmington, Delaware, home as the nation slowly opens up amid the coronavirus pandemic.
With the candidate still largely sheltered in place, Biden’s campaign has a low burn rate on its spending because it’s not flying across the country or holding large rallies. In addition, Biden isn’t advertising on TV right now, saving millions more…..
It takes around a billion dollars to run for president in these times…