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Over: Donald Trump’s Lead and His Cash Advantage
Kamala Harris Campaign Outraises Donald Trump Twofold
In the second quarter of 2024, between April and June, Donald Trump outraised President Biden, with $331 million to Biden’s $264 million. Total cash on hand at that point was $284 million for Trump, while President Biden had $240 million.
That was bad news, if there ever was any. As an incumbent president with the potential to offer continuity of governance, you are expected to stay a mile or two ahead of your opponent in fundraising. However, it was Donald Trump who was leading the cash race at the end of June by $44 million.
Extra cash in your opponent’s hands is bad news. More money means more ground staff, more ads, and higher odds for better polling numbers. My biggest concern after President Biden passed the nomination torch to Vice President Kamala Harris was money.
During the 2020 cycle, President Biden’s campaign raised and spent slightly more than a billion dollars.
That number still remains my baseline requirement for the Harris campaign’s fundraising goal for 2024. At the end of June, Donald…
