Biden’s Campaign Fund-Raising Filing Shows Sluggish Small Donations
When President Biden traveled to San Francisco last month, he raised more than $10 million in 36 hours from wealthy Democrats. Trips to Chicago and New York netted millions more, as did fund-raising events around Washington, proving that the party’s big-donor class is fully committed to Mr. Biden’s re-election campaign.
But the small-dollar online money spigot that helped Mr. Biden smash fund-raising records during his 2020 presidential campaign has not yet turned on, and there are ample signs that it may be months before it does.
The Biden campaign and the Biden Victory Fund, its joint fund-raising vehicle, collected $10.2 million from small donors — defined as those who gave $200 or less — during the three-month fund-raising period that ended June 30, according to a Federal Election Commission report filed Saturday. That figure is about half of the $21 million President Barack Obama’s campaign raised during the same period of his 2012 re-election effort.
Democrats involved with Mr. Biden’s campaign and the world of online fund-raising detailed a host of reasons for Mr. Biden’s relatively low small-dollar haul.
Source: The New York Times