One of the biggest advantages that President Joe Biden has enjoyed over former President Donald Trump is that of campaign financing, which, I know, sounds strange when you think of Trump being a billionaire, but the truth is, Biden has had way more donors who have deep pockets and are locked into supporting the progressive agenda. However, Biden’s advantage in that realm has now been whittled down to almost insignificant.
As if Biden didn’t already have an uphill battle politically speaking after his horrendous performance in the White House, he’s now losing out in the finance department. Things are beginning to look rather dour for his campaign, and I, for one, could not possibly be happier about it.
via The Conservative Brief:
Despite facing concerns about his age and backlash from the Israel-Hamas conflict, Biden and the Democratic National Committee continued to outpace their Republican counterparts in fundraising by millions of dollars. While Donald Trump led Biden in national and key swing state polls, the Republican National Committee (RNC) and the Trump campaign grappled with financial struggles, The Daily Caller noted.
However, over the past two months, the RNC and Trump campaign have begun to chip away at the cash advantage Biden once held. With Trump’s camp consistently announcing record-breaking fundraising numbers, one of Biden’s few apparent advantages in a closely contested election could diminish, strategists told the outlet.
“Democrats will keep up. It’s not going to be a blowout, money-wise, but they expected Trump to lose the ability to raise money by charging him with these over-the-top prosecutions,” Mark R. Weaver, a GOP strategist, said during an interview with the Caller. “They didn’t realize that the liquid they were throwing on the fire was not water, but gasoline,” he continued.
Today, the Trump campaign announced a record-shattering small-dollar fundraising haul following the sham Biden Trial verdict totaling $34.8 million – nearly double the biggest day ever recorded for the Trump campaign on the WinRed platform.
— Trump War Room (@TrumpWarRoom) May 31, 2024
The real fundraising efforts for Trump’s election campaign got started after the Republican Party primary came to an end. Back in April, the Republican National Committee, along with the former president’s campaign, raised a total of $76 million, which was a total of $25 million more than Biden and the DNC raised. It was the first time since campaign season began that Trump bypassed his competition in monthly fundraising.
The month prior to that, Biden’s campaign, alongside the Democratic National Committee, brought in $90 million, while Trump and the RNC only raised $65.5 million. Trump’s election efforts had $93.1 million cash on hand, while the president’s team had a whopping $192 million on hand at the end of March.
May has proven to be a significant month for the Trump campaign, which saw a surge in donations following a Manhattan jury’s conviction of Trump on 34 counts of falsifying business records. The influx of supporters caused the campaign’s donation site to crash, and within 24 hours of the verdict, it raised $54.8 million. By the end of the month, the campaign reported total donations of approximately $141 million. Details on the fundraising totals for both campaigns in May are still pending, as FEC filings have not yet been released, the Caller noted.
Every single time the Democrats and radical leftists try to stop Trump, they only end up helping him become more popular and well liked by the general public. Their attempts to take him down by weaponizing the legal system just keeps backfiring. Biden’s henchmen in the Justice Department just helped provide a massive influx of funding for the very guy they want to remove from the playing field. You can’t make this stuff up.
The increase in fundraising coincides with the merger of the Trump campaign and the RNC. In the spring, Trump’s daughter-in-law Lara Trump and allied operative Michael Whatley became co-chairs of the party organization. Key Trump campaign officials also joined the RNC in various roles.
“This was a much-needed shot in the arm, and although I anticipate Biden and the entire Democratic apparatus having more money, just like they’ve had going back to 2016, Trump needs enough to make sure that they can run the kind of ground game and turnout effort that he needs to win,” Scott Jennings, a longtime Republican adviser in Kentucky and veteran of several campaigns, said in a conversation with the Caller.
Jennings then chatted about how a large portion of the support Trump is receiving has come from both mid and low propensity voters and Americans who are unregistered, who are a lot less likely to show up to the polls come election day.
“When I think about what Trump would do with a massive cash infusion, my mind immediately goes to, oh, he’s going to put this into a ground game to ensure that these mid- to low-propensity voters actually come out. And if he’s able to do that and jack up the turnout among that audience, he’s going to win,” he continued.
Weaver then stated that the legal cases against Trump — led by hardcore Democrats — are absolutely having the opposite intended effect of what the left hoped for.
“It looked as though [Trump] might get beat in the primaries by Ron DeSantis or someone else, but then the Biden White House and its allies started bringing bogus and over-the-top charges against Donald Trump, and it angered a lot of people in the middle who see America as a place where the rule of law and due process matter,” Weaver explained.
“Biden and his minions thought that they were politically drowning Donald Trump. But what they’re really doing is lifting the tide of his support in such a way that the Biden campaign will start to fall behind in the fundraising game,” Weaver added in conclusion.