"2024 Presidential Fundraising: Biden Outpaces Trump, Big-Dollar Events Make a Comeback"

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Source: USA TODAY
"2024 Presidential Fundraising: Biden Outpaces Trump, Big-Dollar Events Make a Comeback"
Photo: USA TODAY
TL;DR Summary

President Joe Biden has a significant fundraising advantage over former President Donald Trump, with Democrats reporting more than double the cash on hand compared to Republicans. Biden's campaign raised $90 million in March, while Trump's campaign and the Republican National Committee raised $65.6 million. Large contributions from top donors play a significant role for both candidates, with Biden receiving support from organizations advocating for tax cuts repeal and tech startups, while Trump's top donors include heirs to banking fortunes and conservative billionaires.

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