Biden fundraising surged in May

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Biden fundraising surged in May
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Joe Biden’s presidential campaign announced it raised $81 million last month, fueled by his rise in the polls against President Trump and growth in his online fundraising operation

Joe Biden’s presidential campaign announced it raised $81 million last month, fueled by his rise in the polls against President Trump and growth in hisThe $80.8 million haul by Biden and two committees associated with the Democratic Party came as Biden’s campaign tripled the number of online donors since February and counted 1.5 million new supporters “in the last few weeks,” according to an email sent Tuesday to supporters.

But it’s not just big donors fueling the campaign, which said in its email that half of its May donors were new and that educators remain the largest occupational group in its donor base. Trump, however, maintains a significant cash advantage over Biden, who only recently began venturing beyond his Wilmington, Delaware, home as the nation slowly opens up amid the coronavirus pandemic.

With the candidate still largely sheltered in place, Biden’s campaign has a low burn rate on its spending because it’s not flying across the country or holding large rallies. In addition, Biden isn’t advertising on TV right now, saving millions more. Once cash-strapped, Biden’s fundraising took off after Bernie Sanders suspended his campaign and helped the de facto nominee raise money along with other former rivals and former President Obama. The party’s 2016 nominee, Hillary Clinton, pulled in a

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