Trump raised more campaign money than Biden in April 2024.
As the race towards the November election heats up, former President Donald Trump has taken the lead over President Biden in several national polls and surveys within the crucial battleground states that are likely to determine their 2024 rematch. Additionally, for the first time in April, Trump surpassed Biden in monthly fundraising.
Trump’s campaign announced a remarkable achievement on Monday evening – they, along with the Republican National Committee and their joint fundraising committees, raised over $51 million in the previous month. This figure falls short of the impressive $76 million raised by the former president and the GOP in April, as disclosed earlier this month.
The fundraising numbers represent a significant reversal from March when Biden and the Democratic National Committee outperformed Trump and the RNC by bringing in around $90 million compared to $65.6 million. Notably, Biden’s March fundraising figures were buoyed by a notable fundraiser at New York City’s Radio City Music Hall in the company of former Presidents Barack Obama and Bill Clinton.
Trump’s success in April was largely due to a record-breaking $50.5 million raised at a single event that took place at the Palm Beach, Florida residence of billionaire investor John Paulson. This event brought together top-tier GOP donors who generously backed the former president’s campaign.
In contrast, the Biden campaign highlighted its fundraising achievements, including amassing $473 million in the year following the president’s official re-election bid announcement. The campaign also emphasized its substantial war chest of $192 million at the conclusion of April.
Moreover, Biden’s team applauded its support from grassroots donors, stating that the majority of April’s funds came from this segment. They pointed out that they added one million new supporters to their email list in that single month.
Conversely, the Biden campaign criticized Trump for primarily focusing on attracting billionaire donors rather than cultivating a robust grassroots fundraising infrastructure. They underscored the importance of their broad-based fundraising strategy compared to Trump’s more exclusive approach.
On the other hand, Trump campaign senior advisers Chris LaCivita and Susie Wiles emphasized their success in garnering funds from small-dollar donors, indicating a highly engaged base. They affirmed their commitment to securing the necessary resources for a victorious outcome in November.
Despite Trump’s campaign lagging in cash on hand, the Biden team credited their fundraising advantage for enabling substantial advertising investments in key states and the development of robust ground game teams within battleground territories.
Biden campaign manager Julie Chavez Rodriguez reiterated that their fundraising efforts provided the essential resources for initiatives such as opening offices, hiring organizers, and implementing effective communication strategies across critical battleground states to mobilize a winning coalition of voters.
Under federal regulations, presidential campaigns must file monthly reports with the Federal Election Commission during an election year. However, joint fundraising committees, which have become crucial for campaign financing, report on a quarterly basis, with the upcoming reports scheduled for filing in July.
