Campaign finance filings takeaways: Joe Biden is still in a financial hole, super PAC importance ri
hate to say this but Joe to step up the money intake
Campaign finance filings takeaways: Joe Biden is still in a financial hole, super PAC importance rising
https://www.cnn.com/2020/05/21/politics/donald-trumps-head-start-joe-bidens-fundraising/index.html?utm_source=twCNNp&utm_term=image&utm_content=2020-05-21T11%3A40%3A21&utm_medium=social
By Fredreka Schouten
Updated 12:27 AM ET, Thu May 21, 2020
(CNN)Former Vice President Joe Biden and the Democratic National Committee came close to matching the fundraising performance of President Donald Trump and the Republican Party in April, but the presumptive Democratic nominee remains in a deep financial hole as the general election shifts into full gear, new figures show.
Biden and the Democrats started May with about $100 million in cash reserves, according to filings Wednesday night with the Federal Election Commission. That's less than half the $255 million that Team Trump said it had remaining in the bank, the result of a massive fundraising operation the President has cultivated since entering the White House.
Biden and the DNC took in more than $60 million in April, nearly as much as the $61.7 million the Trump campaign and the Republican National Committee said it raised over the month, as the coronavirus pandemic forced both candidates to suspend traditional face-to-face fundraising.
But Trump has built an aggressive apparatus to tap small-dollar contributions, and his campaign's new filings show that nearly half -- about 45% -- of donations from individuals last month came in amounts of $200 or less.
By comparison, small-dollar donations fueled about 37% of Biden's individual contributions in April...............................
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