‘Biden raises $10 million in 24 hours.’

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10 months ago

President Joe Biden delivers the State of the Union address to a joint session of Congress at the Capitol, on March 7, 2024, in Washington. (Shawn Thew/Pool Photo via AP, File)

President Biden’s reelection campaign raised a record-breaking $10 million within 24 hours after his State of the Union address.

Joe Biden raises $10 million

Former President Trump’s campaign is struggling to raise funds, while President Biden’s campaign is trying to regain support after disappointing polling. Biden’s campaign manager, Julie Chavez Rodriguez, praised Biden’s State of the Union address, which reminded supporters of the stakes in the election. The speech was well received by viewers and helped alleviate concerns about Biden’s age and job performance. A new ad starring Biden, backed by a $30 million budget, will air in swing states over the next six weeks. In the ad, Biden emphasizes his ability to get things done for the American people, citing his administration’s achievements and promising to restore Roe v. Wade if reelected.

What You Need To Know

The Biden campaign said they raised $10 million in the 24 hours following his State of the Union address on Thursday, a record day since the president launched his reelection bid
The influx of cash comes as former President Donald Trump’s campaign apparatus is struggling to raise more than its spending
The Biden campaign is trying to flex its financial muscles to claw back support after months of disappointing polling
The the 81-year-old Biden stars in a new ad for his campaign backed by $30 million in airtime and social media ad space in the swing states of Michigan, Pennsylvania, Wisconsin, Arizona, Georgia, Nevada and North Carolina over the next six week.

To counter poor polling, the president’s team plans to boost their base using a $30 million ad budget and a massive war chest of $130 million. However, in 2023, the GOP frontrunner faced legal troubles, spending around $50 million on expenses and battling numerous criminal and civil cases, ultimately resulting in campaign spending exceeding donations.

Despite Biden’s low approval rating of around 38%, recent polls indicate that the former president is more popular. However, Biden’s campaign and allies argue that polls do not provide a complete picture. According to polling in Georgia, Trump is consistently leading by more than six percentage points. Despite this, supporters of Biden believe that he is the clear choice for the White House and that Georgians will make the right decision.

With Trump all but wrapping up the nomination this week, Biden hit the ground running and followed up his State of the Union with campaign events in Pennsylvania and Georgia on Friday and Saturday. Next week, he’ll be in New Hampshire, Wisconsin and Michigan. Vice President Kamala Harris was dispatched to rally Latino support in Las Vegas on Saturday.

https://baynews9.com/fl/tampa/news/2024/03/10/biden-fundraising-state-of-the-union

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In his State of the Union address, Biden referred to his “predecessor” 13 times He dinged Trump for his election denialism and role in the Jan. 6, 2021, Capitol attack, for convincing Republicans to abandon bipartisan immigration reform and for the three Supreme Court justices he appointed who helped overturn Roe v. Wade.

“Folks, it’s not hyperbole to suggest our freedoms are literally on the ballot this November,” Biden said in Georgia, emphasizing the thesis of his reelection pitch. “Get out the vote. Vote, vote, vote.”