Biden outraises Trump in March while Trump retains cash on hand advantage


Biden outraises Trump in March while Trump retains cash on hand advantage

Joe Biden outraised Donald Trump by more than three-to-one last month, while Trump had a nearly four-to-one advantage in cash on hand, according to campaign finance reports filed with the Federal Election Commission Monday.

The Biden campaign raised $46.7 million in March, 110% more than the Trump campaign's $13.6 million. Biden's campaign spent 109% more than Trump's ($32.5 million to $9.6 million). As of March 31, the Trump campaign had 115% more cash on hand than the Biden campaign ($98.5 million to $26.4 million). Trump continues to lead Biden in overall fundraising since the beginning of 2017, having raised 58% more ($245.6 million to $134.8 million).

Trump's $245.6 million in overall fundraising is the second-highest figure for any presidential candidate at this point in the past three elections. The only candidate to have out-raised Trump was Barack Obama (D), who had raised an inflation-adjusted $305.1 million as of April 2008. Trump's cash-on-hand figure is also the second-highest during this time, bested only by Obama's inflation-adjusted $119.7 million at this point in his re-election campaign.

Biden and Trump's combined $380.4 million in fundraising is the second-highest combined total when compared to the past three election cycles. At this point in the 2008 campaign, Obama and John McCain (R) had raised a combined inflation-adjusted $409.1 million.



* This article was originally published here



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