President Joe Biden may not have control of his faculties, and his approval rating currently rivals that of flesh-eating bacteria, but that didn’t stop the 81-year-old president from raising a mountain of cash in January. The Biden campaign brought in $42 million last month, bringing its total cash on hand to a whopping $130 million, three times more than the Trump campaign has at its disposal. The campaign says this is the largest war chest of any Democratic presidential candidate in history. The president has raised over $278 million since he announced his reelection bid last April.
The contrast is just as stark at the party level. The Democratic National Committee ended 2023 with $24 million cash on hand to the Republican National Committee’s $8 million, its worst fundraising haul since 2013. The RNC’s fundraising struggles could possibly improve with the impending departure of Chairwoman Ronna Romney McDaniel, but her replacement will likely be a Trump campaign insider.
