Biden piles cash into DNC, state parties and his campaign in third quarter
Joe Biden’s campaign, the DNC and a fundraising organization powering Democratic state parties collectively raised more than $71 million in the third quarter.
President Joe Biden’s 2024 campaign, the Democratic National Committee and a joint fundraising organization that raises money for Democrats' state parties collectively raised more than $71 million in the third quarter, according to Biden's re-election effort.
The amount is on par with what the operation raised in the second quarter, which was $72 million, when the campaign itself brought in $20 million. Biden's team did not disclose how much money the campaign committee specifically raked in this quarter, which will be disclosed in a filing with the Federal Election Commission later Sunday.
The campaign touted nearly $91 million cash on hand across its fundraising entities as it prepares for a massive re-election effort.
Historically, Biden long struggled to raise significant money for past campaigns, but he set a record in 2020 when he became the first candidate for any federal office to raise more than $1 billion from donors, who stampeded into his race against then-President Donald Trump.
Last election cycle, Biden started out raising money into his campaign alone, amid a primary fight with nearly two dozen other Democrats seeking the party’s nomination.
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