In the race for the 2024 presidential election, President Joe Biden has significantly outpaced former President Donald Trump in fundraising efforts. Despite Trump's campaign and fundraising committees raising over $20 million in February, Biden's campaign has managed to double this amount, leaving Trump trailing by tens of millions of dollars. Trump's campaign disclosed raising $10.9 million in February but spent $7.8 million on operating expenditures, with $33.5 million on hand. A substantial portion of Trump's funds has been allocated to legal fees, with his leadership PAC spending $5.6 million on legal expenses in the same month, and Trump paid lawyers more than $5 million last month. This financial strain comes as Trump faces four criminal trials, exacerbating the cash gap with Biden. The Democratic National Committee and Biden combined have more than double the cash on hand compared to Trump and the Republican National Committee, highlighting the growing financial disparity between the two camps.
Meanwhile: Biden is massively out-raising Trump & the RNC has less than 1/5 of the cash on hand that it did at this time in 2020. Trump is destroying the GOP. https://t.co/8y9ueknB1Z
Joe Biden already has more than twice as much cash on hand as Donald Trump heading into the presidential election, as big capital lines u... Read more: https://t.co/uNrV25joCd ⬆️ ⬆️ ⬆️
Trump faces major financial disadvantage against Biden as legal bills eat into allies' cash, new filings show. https://t.co/BETPRdNQKY
Joe Biden already has more than twice as much cash on hand as Donald Trump heading into the presidential election, as big capital lines u... Read more: https://t.co/YAY6QOLA9E ⬆️ ⬆️ ⬆️
Donald Trump’s 2024 election fundraising less than half of Joe Biden’s. The former president’s legal woes are the biggest drain on cash as his political committee spent $5.5 million on legal expenses in February ⬇️ https://t.co/cS9O5lAZQM
💰 Inside Biden's monster cash advantage over Trump: • Biden campaign, DNC has twice as much cash as Trump, RNC • Trump campaign's money flowing into a black hole of legal expenses • "Broke Don": Biden's campaign mocks Trump's lack of cash https://t.co/ub0lB9KFzN
The leadership political action committee of former President Donald Trump spent $5.6 million on legal fees in February, according to Federal Election Commission filings. https://t.co/8PVtnL0bV6
President Joe Biden and the Democratic National Committee combined to more than double Donald Trump and the Republican National Committee in cash on hand in February, Politico reported. https://t.co/FimGhRVQzc
Trump's latest 2024 campaign fundraising report shows him lagging behind Biden in cash https://t.co/rkOblIKG9F
Biden Raised Twice As Much As Trump Last Month—As Trump’s Legal Bills Pile Up https://t.co/rvzq4ARGLd https://t.co/9TCpDPrRuj
Former President Trump lags far behind President Biden in fundraising, potentially putting him at a significant disadvantage as the general election race kicks into gear. https://t.co/h7xpkzP3vp
NBC: New campaign fundraising numbers shows Donald Trump trailing Joe Biden by tens of millions of dollars https://t.co/9SOSPFuCdq
Biden Camp Has 2X More Cash on Hand Than Team Trump. Read more: https://t.co/uNrV25joCd Joe Biden already has more than twice as much cash on hand as Donald Trump heading into the presi...
Trump Paid Lawyers More Than $5 Million Last Month—More Than The Cash He Has On Hand https://t.co/JjdBbOe621 https://t.co/cBljhIyhld
JUST IN - Donald Trump's legal costs outstrip money raised, filings reveal https://t.co/tnnwbiJe5m
A fundraising group run by Donald Trump, who is facing four criminal trials as he seeks the US presidency, stepped up spending on legal fees last month, further draining money from efforts to return him to the White House, financial disclosures showed https://t.co/GCeM8UMtIu https://t.co/N2eEqltA7j
Biden expands his fundraising advantage over Trump https://t.co/CHhlv7Aiz7
NEW: Trump lags behind Biden in campaign cash reserves while legal bills mount. By @MaeveReston @ccemorse: https://t.co/JogEKe2BaC
Trump’s $20M February fundraising haul lags behind Biden’s https://t.co/CPSTT4it3k https://t.co/Fh0yuaBKSB
Former President Trump brings in $20 million in February through campaign and fundraising committee https://t.co/GFYmBwuiC5 https://t.co/GT8YdCXyrk
Trump confronts cash gap with Biden as legal bills mount https://t.co/N83fiK0ss5
As his legal fees escalate, Donald Trump trails Joe Biden in campaign fundraising https://t.co/M3WOWGi8iE
Trump leadership PAC racks up millions in legal bills amid courtroom fights https://t.co/lvi3zyKRME
BREAKING: Trump raised over $20,000,000 in February. WINNING. Just wait until next month.
TRUMP'S ELECTION CAMPAIGN RAISED $10.9 MLN IN FEBRUARY - CAMPAIGN FINANCE DISCLOSURE
JUST IN: Donald Trump's 2024 campaign committee raised $10.9M in February, burned $7.8M on operating expenditures, and had $33.5M on hand. https://t.co/5cY1v99jiJ https://t.co/t4IAyATVbj
💰Trump rakes in more than $20 million in February, eclipses January haul @BrookeSingman https://t.co/IWDcCDtM4A
Trump rakes in more than $20 million in February, eclipses January haul https://t.co/mTaPXwWLpF
President Biden has a significant cash edge over his rival, former President Trump. Still, some Democrats say they doubt it will make much of a difference in a general election race between two candidates who are both well-known to voters. https://t.co/ic0gcESRKb https://t.co/qndmj20yFo