Biden Amasses Cash Lead as Trump Bleeds Money in 2024 Fight

  • Democratic groups have pledged $700 million to help Biden team
  • Biden and his allies have amassed fundraising lead over Trump

Joe Biden speaks at a campaign rally in Manassas, Virginia.

Photographer: Julia Nikhinson/Bloomberg
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President Joe Biden faces a number of obstacles on the road to reelection. Money won’t likely be one of them.

Groups allied with Biden have already committed to spending more than $700 million to help him beat Donald Trump in the 2024 election, according to a political strategist familiar with national fundraising. That’s in addition to the $130 million his campaign reported having on hand at the start of February.