Election 2024: Biden and the Democrats raised far less in April than Trump and the GOP
WASHINGTON (AP) — President Joe Biden and the Democratic National Committee said Monday that they raised more than $51 million in April, falling well short of the $76 million that Donald Trump and the Republican Party reported taking in for the month.
Biden’s reelection campaign said it had $192 million in cash-on-hand as of the end of last month, which it said was higher than any Democratic candidate in history. But that was also roughly the same amount it reported having at the end of the year’s first quarter on March 30 — suggesting the campaign was spending funds as quickly as it raised them.
April’s totals were also down sharply from March, when the president’s campaign and the DNC announced taking in more than $90 million.
Biden and his party had routinely outraised his predecessor, but Trump’s April haul was boosted by a record-setting $50.5 million his campaign reported taking in during a single event with donors early in the month at the Palm Beach, Florida, home of billionaire investor John Paulson.