Biden campaign claims Trump ‘simply cannot keep up’ after lagging behind his 2020 fundraising tally

WASHINGTON, DC: The Biden campaign issued a statement on Wednesday, April 17, drawing attention to the Trump campaign's apparent struggle to attract donors.

According to an analysis of federal data, the Trump campaign is falling behind its 2020 pace in terms of both funds and individual donors.

This insight highlights a potential weakness in the Trump campaign's fundraising strategy, which may impact their overall campaign efforts.

What did Biden campaign share about their adversary?

Biden campaign spokesperson James Singer said in a statement to The Hill, “Donald Trump simply cannot keep up with Joe Biden: He’s too lazy to campaign, too toxic to generate enthusiasm or grassroots support, and too obsessed with his own personal revenge and retribution to expand his coalition. Open your eyes, Donald, the campaign has begun.”

Although former President Donald Trump will spend four days a week in New York City for several weeks due to his criminal trial over an alleged hush money scheme, the 77-year-old has still managed to hold campaign events on weekends.

The MAGA strongman attended campaign rallies in Pennsylvania last Saturday and is scheduled to be in North Carolina this coming Saturday.

The Biden campaign referred to a Financial Times article, which reported that former President Trump's donations have come from approximately 900,000 donors between July 2023 and the first quarter of 2024.

This number is down from 1.2 million donors during the corresponding period of the 2020 cycle.

At the same time, the presumptive 2024 Republican nominee is still lagging behind President Biden in terms of overall fundraising and cash reserves, with approximately seven months remaining until Election Day.

This year, in March, the Biden campaign raised $90 million and had a record $192 million in cash reserves to begin April. By the end of March, 1.6 million people had contributed to the 81-year-old incumbent President’s campaign.

In contrast, former President Donald Trump was able to raise approximately $66 million in March.

The Trump campaign and the Republican National Committee (RNC), which merged last month after the ex-POTUS became the presumptive nominee, had $93.1 million in cash reserves to begin April.

Trump's campaign team has attempted to reduce the fundraising deficit in recent weeks by hosting lavish fundraising events, including one hosted by hedge fund billionaire John Paulson in Palm Beach, Florida, which fetched him nearly $50 million.

According to a Trump campaign official, Trump's fundraising has increased substantially since he emerged as the presumptive GOP nominee in the middle of March.

The Trump campaign spokesperson said in a statement, “President Trump became the GOP presumptive nominee less than a month ago and has already raised more than $100 million dollars for his winning campaign and the newly-reinvigorated Republican National Committee, despite the majority of Americans hurting from Joe Biden’s record-high inflation. Team Trump will continue to raise the resources necessary to win on November 5th.” 

The upcoming 2024 White House race is poised to become one of the most expensive in history, especially given the massive fundraising efforts of the 2020 campaign.

Records from the Federal Election Commission reveal that President Joe Biden raised nearly $1 billion in donations, while former President Donald Trump raised roughly $775 million.

Despite this significant financial advantage, President Joe Biden has struggled to overtake former President Donald Trump's lead in the polls.

Trump has maintained a significant lead in almost every crucial battleground state that is expected to determine the outcome of the November election.

According to an average of polls conducted by Decision Desk HQ, Trump holds a 4% lead in Arizona, a 5% lead in Georgia, a 3% lead in Michigan, and a 3% lead in North Carolina. The two candidates appear to be neck-and-neck in Pennsylvania and Wisconsin.

Internet blasts Donald Trump for falling behind in fundraising figures 

One X user remarked, “Sleepy don dementia has to have naps and like golfing, so busy ..."

Another user quipped, "Yep, this is starting to look like... "Donald? Donald who?""

Another user claimed, "He's going to fleece the Republican party of their money."

One user said, "It seems to be obvious that Trump cannot handle these problems, particularly the financial ones."

Another X user wrote, "He did say he would clean the swamp bye donald."

A user tweeted, "Biden's fundraising momentum speaks volumes about the support he's garnered. Trump's financial woes seem to mirror his broader challenges."

This article contains remarks made on the Internet by individual people and organizations. MEAWW cannot confirm them independently and does not support claims or opinions being made online.