Biden Campaign Raised $97 Million, Has Record Levels of Cash

  • Fundraising comes as donors worry about Biden’s poll numbers
  • Biden stockpiles cash as GOP candidates spend it in primaries

Joe Biden during a campaign rally last year.

Photographer: Chip Somodevilla/Getty Images North America
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President Joe Biden’s campaign raised $97 million in the fourth quarter, a massive sum that is likely to dwarf the fundraising of his Republican competitors, including Donald Trump.

The campaign reported a total of $117 million cash on hand for Biden’s reelection effort, the largest total amassed by any Democratic presidential contender at this point in the cycle in history, according to a statement Monday. The total includes money raised for Biden’s 2024 reelection campaign, the Democratic National Committee and state parties.