Former President Donald Trump brought in just over $20 million in campaign contributions last month, far less than President Biden over the same period of time.
The 77-year-old presumptive GOP nominee’s campaign and joint fundraising committee raked in $20.33 million in February and the candidate has $42 million in cash-on-hand, according to multiple reports Wednesday.
The February sum represents a dramatic increase from the Trump campaign’s two previous campaign contribution totals.
Trump reported having $42 million in cash on hand at the end of last month. REUTERS
In January, Trump reported $13.875 million in donations, but the campaign spent more money than it took in.
In December, the former president brought in about $10.5 million in contributions.
The Republican presidential primary contests ate up a significant amount of Trump’s donor cash.
Additionally, Trump has been forced to tap into his campaign contributions to help cover his mounting legal bills stemming from four criminal indictments.
Meanwhile, Biden’s political apparatus hauled in $53 million in February – more than double Trump’s sum – and it received about $11 million more in donations from the previous month, according to his campaign.
The 81-year-president’s campaign also boasted having a $155 million cash war chest.
The Biden campaign had $155 million in cash on hand as of the end of February. AP
Biden and Trump both clinched their respective party nominations for president earlier this month.
Trump has a polling edge over the incumbent both nationally and in most battleground states, according to a RealClearPolitics average of polls.
“Americans know that they were better off with President Trump four years ago than with Crooked Joe Biden and his disastrous policies,” Trump campaign adviser Steven Cheung told Fox News, in reference to Trump’s fundraising haul.
“We need a return to America First policies that successfully kept our country safe and supercharged the economy for all Americans,” he added.
The Republican National Committee, which is coming off its worst fundraising year in three decades, reported Wednesday that it held about $11.3 million in cash on hand at the end of last month – money Trump can tap to in his general election rematch with Biden.
The RNC has recently overhauled its leadership, with Trump-backed candidates Michael Whatley and Lara Trump, the former president’s daughter-in-law, taking over as chair and co-chair, respectively.
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