Thursday's event with former Presidents Obama and Clinton will set a new fundraising record for the president's re-election campaign.
President Biden is expected to raise over $25 million at a star-studded fundraiser in New York City on Thursday with former Democratic Presidents Barack Obama and Bill Clinton. The campaign has billed it the 'most successful political fundraiser in American history.' By Mr. Biden's recent standards, that is true. For example, during a swing through Texas earlier this month, the Biden campaign raised a combined $7 million from three separate fundraisers.
He's also been dogged by legal bills and payments, with his campaign and the political action committees supporting him spending over $10 million in legal fees this year.Biden's campaign committees have more than double the cash on hand of Trump's equivalent groups, $155 million for Biden and $74 million for Trump as of late March.
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