Biden Raises $85 Million But Falls Short of Trump’s May Haul
- President ends May with $212 million stockpiled for reelection
- Campaign pours money into ads and staff in battleground states
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President Joe Biden’s campaign raised $85 million in May, falling short of the total raised by Republican rival Donald Trump for a second straight month, a troubling development for the incumbent before their November rematch.
While the president’s May total tops the $51 million that he and the Democratic Party raised in April, Trump, in the past two months, has likely cut deeply into Biden’s once sizable fundraising advantage, with the president and his party having roughly $100 million more cash on hand than his rival at the end of March.