Biden campaign's spending explodes in third quarter

📆 10/15/2023 9:04 AM

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📆 10/15/2023 9:04 AM
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The spending is a significant shift for the Biden team after only spending $1.1 million in the previous quarter.

President Biden delivers remarks on new efforts to crack down on hidden junk fees in the Rose Garden of the White House on Oct. 11. Photo: Drew Angerer/Getty Imagesre-election campaign has dramatically increased its spending, with $57 million going out the door during the past three months, the campaign disclosed Sunday.The spending is a significant shift for Biden's team after spending just $1.

Biden's campaign team is ramping up with several dozen new staffers in its new headquarters in Wilmington, Del., and millions of dollars in TV and social media ads.campaign said it raised more than $71 million in the third quarter, a little less than the $72 million Biden raisedThe Biden team added $14 million to its cash-on-hand during the third quarter andThe Trump campaign spent about $69 million in the third quarter of 2019.

"We don't take our cues from the 'death star,' " a Biden campaign spokesperson quipped to Axios, referring to what the Trump campaigndonors can give a maximum of $6,600 to those GOP campaigns between the primary and general election, while they can donate up tothat it had more than $37.5 million cash on hand entering October — including $36 million for use in the primary — and raised more than $45.5 million during the third quarter.

Asked by Axios for the amount, the campaign declined to say — adding only that during the third quarter it doubled the number of donors who have committed to giving every month.Biden also struggled to raise money from small-dollar donors during the 2020 primary, but saw such donations explode in the general election match-up against Trump.A fundraising contest to meet Biden and Obama and get a picture taken with both brought in nearly $2.5 million, the campaign said.

The campaign also found fundraising success with "Dark Brandon" — an online meme portraying Biden as a conniving, behind-the-scenes mastermind.and the web videos the president filmed with them "drove close to $2M in revenue since August, and led to an 850% increase in sales month-over-month from July to August," the campaign said in a statement.

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