ICYMI: Team Biden-Harris Raises Over $71M in Q3, Amasses Larger War Chest Than GOP Field Combined
On Sunday, Team Biden-Harris announced it raised more than $71 million in the third quarter of 2023, a haul which was significantly powered by grassroots support for President Biden and Vice President Harris’ reelection campaign. The team also reported yesterday that it has a historic nearly $91 million in cash on hand, the highest total amassed by any Democratic candidate in history at this point in the cycle and is more than the entire GOP field combined.
See below for a sample of the conversation of the Biden-Harris campaign’s strong fundraising haul:
Tweets:
@KThomasDC: “Interesting nugget in Biden fundraising quarter: The campaign said it doubled the number of ‘sustaining donors’ in the quarter to more than 112,000 people committed to donating every month.”
@bykowicz: “Most-coveted donors in all of fundraising”
@MikeSington: “President Biden’s campaign takes in massive amount of money, far outstripping Trump’s fundraising. Biden’s cash-on-hand for campaigning more than double what Trump has.”
@edokeefe: “NEW THIS AM: Biden-Harris campaign says it raised raised $71 million+ in the 3rd quarter ‘on par with the Q2 haul.’ Adds it ‘has a historic nearly $91 million in cash on hand, the highest total amassed by any Democratic candidate in history at this point in the cycle.’”
@CristobalJAlex: “NEWS: Huge fundraising numbers announced by @JoeBiden’s campaign: over $71M raised with a historic $91M cash on hand. This cash-on-hand number is the most ever for a Democratic candidate at this point in the race & is widely expected to be more than the entire GOP field combined.”
Media Coverage:
CNN: Biden eclipses Trump and GOP field with $71 million third quarter haul
By Arlette Saenz
Key Point: “President Joe Biden raised more than $71 million for his reelection campaign and the Democratic Party in the third fundraising quarter of the year, his campaign announced on Sunday. Biden’s haul outpaces the amounts raised by each of the Republican presidential candidates who have reported their results so far… Campaign co-chair Jeffrey Katzenberg told CNN the figure “exceeded the high-bar goals” the campaign set for the July to September period, which is typically a sluggish time to raise money. Katzenberg argued it provides Biden with an upper hand as he’s able to devote the early resources toward the general election while Republicans battle it out in their primary.”
New York Times: Biden Campaign Raises $71.3 Million, Far Outpacing Trump and Republican Field
By Reid Epstein
Key Point: “President Biden’s re-election campaign announced on Sunday it had raised a combined $71.3 million alongside the Democratic National Committee and a joint fund-raising committee during the three-month period that ended in September… The campaign said the three fund-raising vehicles had a combined $90.5 million in cash on hand… Mr. Biden’s fund-raising total far outpaces what his Republican rivals have reported for the third quarter.”
Washington Post: Biden reelection effort raises $71 million for third quarter
By Michael Scherer
Key Point: “A Biden adviser said that from April to June, the grass-roots fundraising program made up about one-third of the entire amount raised. Between July to September, 49 percent of revenue came from the grass-roots program. A Biden team member said that number outperformed expectations of about 36 percent to 37 percent coming from the smaller-dollar program in the third quarter.”
NBC News: Biden piles cash into DNC, state parties and his campaign in third quarter
By Monica Alba
Key Point: “President Joe Biden’s 2024 campaign, the Democratic National Committee and a joint fundraising organization that raises money for Democrats’ state parties collectively raised more than $71 million in the third quarter, according to Biden’s re-election effort… The Biden effort reported over 240,000 new donors this quarter who did not give to the campaign in 2020. And it doubled the number of those who have signed up to give every month, to more than 112,000 people.”
Wall Street Journal: Biden Tops Trump, and Other Takeaways From Latest 2024 Campaign Fundraising
By Ken Thomas and Alex Leary
Key Point: “President Biden has established an early advantage over former President Donald Trump in their competing quest for campaign cash. Biden raised a combined $71 million with the Democratic National Committee during the past three months, his campaign said, surpassing Trump and other Republicans seeking the 2024 GOP nomination.”
Fox News: President’s re-election team crows that Biden outraised Trump, DeSantis and Haley
By Paul Steinhauser
Key Point: “The president and Vice President Kamala Harris hauled in more than $71 million in the July-September third quarter of 2023 fundraising, their 2024 re-election team announced on Sunday. The campaigns spotlighted that they had nearly $91 million in their campaign coffers at the end of September, which they touted is ‘the highest total amassed by any Democratic candidate in history at this point in the cycle.’ The president’s re-election campaign also said their fundraising the past three months ‘is significantly more than any of the GOP 2024 campaigns, and the team’s cash-on-hand is widely expected to be more than the entire GOP field combined.’”
USA Today: Biden raises $71 million in 3rd quarter, far outpacing Trump and the Republican field
By Joey Garrison
Key Point: “President Joe Biden’s 2024 campaign said it hauled in more than $71 million in the third fundraising quarter, giving his reelection efforts a total war chest of $91 million – more than double the cash on hand of Republican frontrunner Donald Trump. Biden’s $91 million available cash to spend is the most ever for a Democratic presidential candidate at this stage of a campaign, according to the Biden campaign.”
