President Joe Biden's 2024 re-election team and his party said on Sunday that they raised $71 million during the latest quarter, as the Democrat's age and low approval ratings remained a concern for many donors.
The money raised is similar to the $72 million Biden and the Democratic Party raised in the prior quarter, though the April-to-June period was shorter by 25 days because Bidenin late April. The summertime July-to-September period more than one year before the election is traditionally sluggish for raising money.
Biden's campaign, which is based in his hometown of Wilmington, Delaware, said it will use funds raised so far to hire staff, organize in competitive states and launch advertising campaigns. Fundraising sums announced by Biden's campaign cannot be directly compared with Republican rivals because they include party accounts controlled by Biden allies.
Biden has had to balance the rigors and travel demands of a campaign with a busy period in Washington, including a threatened government shutdown, a leaderless House of Representatives, an auto worker strike, natural disasters including the Hawaii wildfires, the Ukraine war, tensions with China and now the outbreak of war in Israel.
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