The surge in donations following the conviction of Donald Trump has almost certainly completely wiped out the Joe Biden campaign’s advantage in “cash on hand,” which it’s maintained a sizeable lead against the Trump campaign for the entirety of the race - until now.
As the Washington Examiner reports:
Biden had outraised Trump before his predecessor started making up ground in April, post-primary. But despite Trump’s legal costs, Biden’s cash on hand advantage could be gone. The Trump campaign claims the former president and Republican National Committee raised $141 million last month, including $53 million during the first 24 hours after last week’s conviction.
At the end of April, the Trump campaign had $49 million in cash on hand, to the Biden campaign’s $84.5 million.
This new cash advantage for Trump is also despite the fact that the political action committees MAGA PAC and Save America have been forced to spend roughly $100 million so far on the politically motivated legal cases brought against him.
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