"Biden Outraises Trump as Legal Bills Mount: Campaign Finance Report Takeaways"

1 min read
Source: Reuters.com
"Biden Outraises Trump as Legal Bills Mount: Campaign Finance Report Takeaways"
Photo: Reuters.com
TL;DR Summary

Former President Donald Trump's fundraising slowed in the last quarter of 2023, being outraised by Democrat Joe Biden, with legal expenses becoming a significant burden. Trump's campaign reported raising $19 million, while Biden's campaign raised $33 million. Despite pending legal cases, Trump is on track to clinch the Republican nomination. The largest super PAC supporting Trump sent $30 million to a separate group paying his legal bills, impacting its ability to support his election efforts. Trump's campaign ended the year with $33 million in the bank, compared to Biden's $46 million, while Trump's only remaining opponent, Nikki Haley, reported raising $17 million.

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