President Trump’s campaign and the Republican National Committee narrowly outraised the Biden campaign and the Democratic National Committee in April, with both raising more than $60 million even as coronavirus has forced campaigns to abandon traditional methods of fundraising, but Biden still trails Trump in cash on hand.
CHARLOTTE, NC – MARCH 2: U.S. President Donald Trump speaks to supporters during a rally on March 2, … [+]
Trump and the RNC jointly raised $61.7 million in April, while the Biden campaign and the DNC raised $60.5 million during the same period, both campaigns announced Monday.
Biden entered April following a fierce primary fight with Senator Bernie Sanders (I-Vt.) trailing Trump in cash-on-hand by a $187 million deficit.
The Trump campaign told Politico that they currently have $255 million in cash on hand.
The Biden campaign hasn’t said how much cash on hand they have, however they entered April with $57.2 million, meaning they are still certainly trailing the Trump campaign by a considerable margin.
April was the first month that Biden, as the presumptive Democratic nominee, raised money as part of a joint fundraising agreement with the DNC.
The Biden campaign stressed their small dollar fundraising, noting that their average donation was $32.63, slightly smaller than Trump’s $34.26 average donation in March.
The coronavirus pandemic has upended campaign fundraising, eliminating the high-dollar events that typically bring in the bulk of donations. Campaigns have been forced to rely almost entirely on digital operations such as apps, texts and emails. But the campaigns have still attempted to maintain some semblance of normalcy, such as a virtual Biden fundraiser with tickets that went for $2,800 to $100,000 and raised $2.7 million.
Biden may have a larger group of swing states in which to spend his campaign cash. An Emerson University poll released Monday showed him trailing Trump by 3 points in Ohio and 6 points in Texas, backing up previous polls of Ohio and Texas showing close races. Both states went for Trump by more than 8 points in 2016. Biden has also led in recent polls of crucial swing states like Michigan, Pennsylvania and Florida, and leads by 20 points in Colorado.
$2.38 billion. The cost of the 2020 presidential campaign already outpaced the total cost of the 2016 presidential campaign by nearly $20 million by April. According to FEC data compiled by Forbes, the price tag for 2020 as of the latest quarterly filings was $2.38 billion, compared to the $2.21 billion spent on the entire 2016 presidential election.