Wait?
Donald Trump’s a Billionaire?
Isn’tthis the same Donald Trump facing OVER a HALF A BILLION Dollars from several Civil judgments?
Biden is bringing IN money and Trump is burning thru money like a house fire …..
Judgement’s, lawyers and jet fuel….
President Joe Biden’s political operation has expanded its financial advantage over former President Donald Trump’s campaign as the two men hurtle toward an expected general election confrontation, new filings show.
Biden’s campaign entered February with nearly $56 million cash reserves in his main campaign committee compared to a little more than $30 million in the coffers of Trump’s equivalent account.
That’s an increase from the $46 million the president had stockpiled at the end of last year, while Trump’s cash position shrank from the $33 million his campaign had reported at the close of 2023.
Biden’s early money lead could prove consequential in what’s expected to be a close and bruising campaign with both candidates unpopular with the broader electorate.
Biden, who is on a fundraising swing in California, continues to rake in high-dollar contributions as Trump grapples with ever-growing legal problems that are siphoning away donors’ money. The former president is also contending with the refusal of his remaining rival, South Carolina Gov. Nikki Haley, to end her long-shot bid for the GOP nomination.
Haley, who is vowing to remain in the race to Super Tuesday, started February with just shy of $13 million in cash reserves after spending more than she raised in January, new filings show.
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The Democratic National Committee outraised its GOP counterpart in January, bringing in $17.4 million and ended the month with $24 million in available cash. That far surpasses the $8.7 million in available cash for the RNC, which marked a slight uptick from the $8 million it reported having in reserves at the end of last year, but still represents its lowest total in about a decade.
The RNC brought in a total of about $11.6 million in January.
The RNC’s low cash reserves have been a major source of concern for the party and contributed to the exit of outgoing chair Ronna McDaniel, who is planning on stepping down from her role later this month – part of sweeping changes coming to the RNC with Trump poised to reshape the party infrastructure.
At $8.7 million, the RNC’s cash reserves remain the lowest it has reported since early 2015, and down significantly from a peak of more than $90 million as recently as 2021….