Joe Biden’s allies are bracing after Donald Trump erased the president’s financial edge.
Inside President Joe Biden's campaign, aides said that May was their second-best fundraising month of the campaign, both in its overall total and in grassroots fundraising, even without a major fundraising event. | Alex Brandon/AP
Another major Biden bundler, also granted anonymity, called the development “disappointing, but not surprising.” “That early money counted because it allowed for Biden to build out all of these offices, which have been cranking along, and that’s not something Trump can catch up on,” said Alan Kessler, a Pennsylvania-based donor. “Trump can’t get back February, March, April and May, when the Biden campaign was getting boots on the ground.
And the Biden campaign suggested the most recent reports do not fully account for its financial standing. The campaign said it had $212 million in cash, based on pooled totals from their joint fundraising committees. The Trump campaign has not released its joint fundraising totals yet and neither can be verified until July, when those committees file with the Federal Elections Commission.
Brian Hughes, a Trump campaign spokesperson, said, “From fundraising, polling, crowds at public events or enthusiasm across the board with America’s voters, there is more and more evidence that the momentum of President Trump coming out of a historic primary election season is growing as we move to November. The latest surge in fundraising and wiping out the campaign cash advantage in May reflects this.
“We need some more to come online, and I think that’ll happen,” said Bradley Beychok, co-founder of American Bridge, one of the major pro-Biden super PACs. “We need everyone on the field, engaged and doubling down from what they did in 2020. There are new people stepping up to the plate on their side, and we have some new people on our side.”
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