Former President Donald Trump’s campaign expects to raise a record-breaking $43 million at a single big fundraiser in
Florida on Saturday as it looks to narrow the gap with the war chest of the Biden campaign, which said it raised over $90 million in March. President Joe Biden’s campaign announced on April 6 that it raised more than $90 million in March, bringing its total cash on hand to $192 million. The campaign boasted that this is the highest total amassed by any Democrat candidate in history at this point in the
election cycle. “The money we are raising is historic, and it’s going to the critical work of building a winning operation,” Julie Chavez Rodriguez, the Biden-Harris 2024 campaign manager, said in a statement. The amount the Biden campaign has raised so far is more than double the haul of the Trump campaign, which closed out the month of March with $93.1 million in its coffers. “The response to our fundraising efforts has been overwhelming, and we’ve raised over $43 million so far,” billionaire John Paulson told The Epoch Times in an email sent by a spokeswoman. “There is massive support amongst a broad spectrum of donors.” When the dust settles on the Palm Beach event on Saturday and the $43 million becomes official, it will mark the biggest-ever single-day fundraising haul in the history of U.S. politics. “Our campaign, working together with the RNC, has been steadily ramping up our fundraising efforts, and our March numbers are a testament to the overwhelming support for
President Trump by voters all across the spectrum,” Susie Wiles, a senior adviser to Trump’s campaign, said in a statement on April 3, when the
Trump campaign announced its March haul of $65.6 million. In the 2020 election cycle, spending on the presidential race exceeded $6 billion, according to OpenSecrets.org, a nonpartisan research group that tracks money in
American politics. By contrast, the Trump campaign and its allies have spent $3.4 million since Super Tuesday, with $265,000 in currently booked ads. President Trump’s high-dollar fundraiser on Saturday is expected to host around 100 guests, including several billionaires. According to an invitation to the “Inaugural Leadership Dinner,” contributions will go toward the Trump 47 Committee, which is a joint fundraising agreement with the
Republican National Committee, state Republican parties and Save America, a political action committee. Republican support has solidified behind President Trump as he racked up easy wins in the primaries and became the GOP’s presumptive nominee. President Biden’s fundraiser in
New York was attended by former Presidents
Barack Obama and
Bill Clinton.