Former President Donald Trump currently holds an edge over President Biden in national polls and surveys in key battleground states as the 2024 election approaches. In April, Trump also surpassed Biden in monthly fundraising, with his campaign and the Republican National Committee raising over $76 million compared to Biden and the Democratic National Committee’s $51 million. This marked a reversal from March when Biden had been outpacing Trump in fundraising.
Biden’s campaign highlighted that they have raised $473 million since the president officially launched his re-election bid, with a war chest of $192 million by the end of April. They emphasized their large number of grassroots donors and growing email list, contrasting with Trump’s focus on courting billionaire donors. The Biden campaign pointed out that Trump trails in cash on hand and accused his campaign of lacking a durable grassroots fundraising program.
Trump’s campaign advisers defended their fundraising efforts by pointing to the half of their funds coming from small-dollar donors, indicating an energized base. They asserted their commitment to raising the necessary resources for a victory in November. Despite Trump’s strong fundraising performance in April, the Biden campaign’s recent fundraising advantage has allowed them to invest in major ad buys in key states and build ground game teams in battlegrounds.
Biden campaign manager Julie Chavez Rodriguez emphasized that their fundraising resources are being used to open offices, hire organizers, and communicate with voters in battleground states to mobilize the coalition needed to win the election. The Biden campaign’s strategic allocation of funds has enabled them to maintain a presence in key states and build a strong ground game leading up to the November election. Trump’s campaign, despite their fundraising success in April, will face challenges in matching the Biden campaign’s investment in organizing efforts and ad buys.
With five and a half months remaining until the November election, both Trump and Biden are focused on building momentum and support for their campaigns. Trump’s lead in national polls and fundraising in April mark a significant shift from earlier in the year when Biden had been outpacing him. The upcoming rematch between Trump and Biden in 2024 is shaping up to be a closely contested race, with both candidates investing heavily in fundraising and organizing efforts to secure victory in November.
As the campaigns continue to ramp up their efforts, the outcome of the election remains uncertain, with both candidates facing challenges and opportunities in the months ahead. Trump’s fundraising success in April gives his campaign a boost, but Biden’s strategic use of funds and grassroots support may prove advantageous in the long run. The 2024 election is shaping up to be a high-stakes battle between two formidable opponents, with fundraising playing a crucial role in determining the outcome.
