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Biden's election war chest trails Trump's in size, filings show
https://gazette.com/news/us-world/bidens-election-war-chest-trails-trumps-in-size-filings-show/article_5cf9260c-1d7f-5feb-858d-7a676d13510a.htm
By Jason Lange
https://gazette.com/news/us-world/bidens-election-war-chest-trails-trumps-in-size-filings-show/article_5cf9260c-1d7f-5feb-858d-7a676d13510a.htm
By Jason Lange
On the plus side Biden doesn't have to split his between his presidential campaign and a legal defense fund.
I'm not positive but from the way they described it in the article I think this money is seperate from what could be spent on legal fees. But with Trump who really knows. Legality of actions never seems to really stop him.
AIUI the small print during donation allows for skimming a fraction of the donation away from the campaign to an organisation associated with his court cases.
The article is a bit misleading as it's only comparing presidential campaign amounts, and Biden is only $2 million behind Trump ($20mil to $22mil), but combined with the Democratic Party accounts, he's at $77 million. Trump still has to face a contested primary, Biden is unlikely to face any serious challengers.
What's more interesting to me is that Trump has pulled in less than half of what he had at this point in the election cycle last time around ($56mil). This clearly indicates that the major GOP donors have pulled their support, at least until he wins the primary. While it's unlikely that money will flow to Democrats, I think it indicates a willingness on their part to sit out this cycle until the GOP gets its finances in order. No one likes being ripped off.
very good insight. I am not sure that the article is misleading as much as its just stating the facts without speculating further.
AIUI the small print during donation allows for skimming off a fraction of any donations away from his campaigning to a corporation association with finding his court cases.