President Joe Biden and the Democratic National Committee raised more than $71 million for his reelection in the three months ending Sept. 30, a strong indication that party donors remain united behind him going into a 2024 race that may feature a rematch with Donald Trump.
FILE - President Joe Biden speaks about his administration’s economic agenda during an event at Prince George’s Community College in Largo, Md., Thursday, Sept. 14, 2023. Biden and the Democratic National Committee raised more than $71 million for his reelection in the three months ending Sept. 30, a strong indication that party donors remain united behind him going into a 2024 race that may feature a rematch with Donald Trump.
Biden’s total has not topped the tally of the last Democratic president, Barack Obama, who raised $85.6 million with affiliated Democratic entities during the April-to-June quarter in 2011 when he launched his campaign for a second term. Obama did announce his candidacy three weeks earlier that April than did Biden in 2023.
Biden’s campaign’s top priority until next year has been fundraising and keeping costs low. In September, however, it announced a 16-week, $25 million television and digital advertising blitz that focused on swing states and has promoted a variety of themes, including his administration’s efforts to defend abortion rights and lower drug prescription costs.
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