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 @ISIDEWITHNewsDonald TrumpDaily DiscussionJoe BidenWhite HouseBidenFederalHouse•••2yrs ago

Trump falls $75million Behind Joe Biden In Money Race As Donor Base Shrinks

Donald Trump has raised $75mn less for his presidential bid than Joe Biden and has 270,000 fewer unique donors now than at the same stage of his run for the White House four years ago.

The findings, from a Financial Times analysis of federal campaign data, raise new questions about how the former president’s shrunken base will sustain him through costly court cases and what is expected to be the most expensive presidential race ever.

The Trump campaign and affiliated political action committees have attracted roughly 900,000 donors from July 2023 through the first quarter of 2024, compared with 1.17mn donors in the equivalent period of the 2020 race, according to the FT’s analysis of federal data.

President Biden has also opened up a massive fundraising advantage, the data shows, raising $165mn over the first three months of the year — $75mn more than pro-Trump groups, which raised just under $90mn.

Biden had $146mn on hand at the end of March and has raised $368mn in this election cycle.

Pro-Trump groups must provide numbers by a federal deadline on Saturday night. They had $65mn cash on hand at the end of 2023.

The findings come as both candidates step up their fundraising efforts with just under seven months to go before the November vote.

“President Trump raised more in Q1 when he was the incumbent president than Joe Biden has raised in Q1 as the incumbent president this year,” said Trump campaign spokesperson Karoline Leavitt. “Team Trump will continue to raise the resources necessary to win on November 5th.”

Money remains crucial in the months-long White House races, as candidates blitz swing states with multimillion-dollar ad campaigns before the vote.

In 2020, Biden raised a record $1bn in donations, and Trump hauled in about $775mn, according to the non-profit Open Secrets.

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11 Replies

 @ISIDEWITHasked…2yrs2Y

How do you feel about the importance of money in determining the outcome of presidential elections?

 @9LLVJN8 from North Carolina  commented…2yrs2Y

I'm not too sure. Money is an important incentive for campaining and gaining support.

 @9LLVJ8V from North Carolina  commented…2yrs2Y

Don't let money entirely shape elections.

 @ISIDEWITHasked…2yrs2Y

What are your thoughts on the role of large donations vs. small individual contributions in shaping a political campaign?

 @ISIDEWITHasked…2yrs2Y

Should there be a limit on how much money a candidate can raise or spend on their campaign, and why?

 @9LLVV2J from North Carolina  commented…2yrs2Y

I believe there should be a cap to this as one should not win based on money but rather the acceptance of their beliefs and morals on the direction of the country.

 @MindfulRhinoLibertarian from Ohio  commented…2yrs2Y

Hmm oh my perhaps not everyone in the most powerful nation in the world wants a sleazy, lying, cheating, ally abandoning, hypocritical, sexist, weird, racist, orange, delusional used car salesman to be in charge? Hmmm

 @VotingLeoDemocratfrom Texas  commented…2yrs2Y

Certainly still a big candidate for those who think rape not a big deal.

 @ISIDEWITHasked…2yrs2Y

How does knowing about the funding differences between candidates influence your perception of their chances in an election?

 @MindfulLocustDemocrat from Minnesota  commented…2yrs2Y

No sane political party would run again with the same candidate who has lost them the past three elections. The massive drop in donor numbers shows their own base is tired of his face.

Republicans aren’t a normal party anymore though. Even the RNC is staffed by Trump family members now. It’s like a mafia takeover.

 @CulturedSwanSocialist from Minnesota  commented…2yrs2Y

If anything this article epitomizes the decline in US democracy, with the US Supreme Court particularly to blame with their ill-thought through decision in the Citizen United case. Presidential elections, to a certain degree, can be rightly said to be bought.

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 @ISIDEWITH submitted…2yrs2Y

Trump's Deportation Storm: America Braces for Mass Exodus of Immigrants

For months, immigration advocates have been planning for the possibility of Donald Trump’s return to the White House. Now, their worst fears have arrived.Immigrants’ rights groups have spent the last year preparing for a second Trump term and an overhaul of the nation’s immigration system, analyzing Trump’s proposals, drafting legal briefs, coordinating messaging and organizing aid for immigrants and asylum seekers. They responded to Trump’s victory with alarm and vowed to put up a fight, setting the stage for four more years of contentious court battles with his administration.Some are already preparing to push current leadership at the Department of Homeland Security to take steps to stymie the incoming Trump team, particularly on immigrant detention and the use of AI in enforcement.“We should expect to see the devastation of immigrant communities all over the country. We should expect to see family separation,” said Kica Matos, the president of the National Immigration Law Center. “It is entirely possible that he will try to use the military to carry out deportations, so that means that Americans all over the country will see the military engaging in enforcement against civilian populations, which is horrifying.”Trump, after winning a historic victory on a platform of turbo-charged immigration enforcement, has said he will conduct mass deportations at a scale never before seen. Immigrant advocates have warned this would be expensive and inhumane, separating families and wrecking communities. The president-elect has also vowed to build huge detention camps, hire thousands more border agents, funnel military spending toward border security and invoke the Alien Enemies Act of 1798 to expel suspected members of drug cartels and criminal gangs without court hearings.He has also said he would end “catch-and-release” — allowing migrants to remain free, often with monitoring, while they await immigration court hearings — and restore a policy from his first term requiring asylum seekers to remain in Mexico while their cases are processed. And he has dodged questions about whether he would try to bring back family separation.

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