President Biden has amassed a record-setting quantity of campaign funds for his re-election race in 2024. With an impressive $42 million raised in January alone, the campaign fund now holds $130 million ready for deployment to solidify Joe Biden’s position in the White House.
This achievement should be recognized as an advantage against the Trump campaign, which has been hindered by legal fees that are preventing the campaign team from raising a sum comparable to Biden’s. Trump has reportedly accumulated close to $80 million, with the difference between the two campaigns equaling the amount spent on legal fees by Trump over the fundraising period.
Overall, this marks another milestone for the Biden campaign, providing them with ample opportunity to outspend competitors and stay ahead of the curve as the election date approaches.
