President Biden raised over $42 million in January and entered February with over $130 million in money readily available, his marketing campaign says — a record-setting complete for a Democratic candidate at this level in a presidential election cycle.
The sum, raised by means of Mr. Biden’s important marketing campaign committee, his two joint fundraising committees and the Democratic Nationwide Committee, comes as polling reveals the president with an underwater approval score and tied — or trailing — former President Donald Trump in what appears prone to be a common election rematch.
The Biden marketing campaign mentioned January was its strongest grassroots fundraising month since launching in April 2023 and 97% of its donations since then have been beneath $200.
“Whereas Workforce Biden-Harris continues to construct on its fundraising machine, Republicans are divided — both spending cash combating Donald Trump, or spending cash in assist of Donald Trump’s excessive and shedding agenda,” mentioned Biden-Harris marketing campaign supervisor Julie Chavez Rodriguez.
Polling reveals Mr. Biden’s age, 81, has been a priority for voters. In a February CBS Information ballot, simply over a 3rd of voters mentioned they consider he may end a second time period or that he has the psychological and cognitive well being to function president.
Whereas Democratic base voters have mentioned stopping Trump from successful one other time period is the next precedence, most independents within the ballot consider both that solely Trump, 77, has the psychological and cognitive well being to function president — or that neither of them do.
Within the three days after the Iowa caucuses in mid-January, when Trump received the Republican contest by 30 factors, Mr. Biden’s marketing campaign mentioned it raised $1 million every day. It additionally mentioned the marketing campaign averaged $1 million in 24-hour-hauls on the finish of January.
A majority of the fundraising emails despatched on the finish of January had been centered round Trump, who handily received the month’s two GOP nominating contests in Iowa and New Hampshire.
“After the ends in Iowa and New Hampshire, Donald Trump has all however locked up the Republican nomination for president. It is clear we must come collectively to defeat him once more,” learn one Biden marketing campaign fundraising e-mail despatched on Jan. 31.
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