President Joe Biden’s campaign and the Democratic National Committee have reported a significant fundraising boost following the June 27 debate. The candidate raised over $30 million in the days following the debate, bringing the total cash raised in June to $127 million. This brings the campaign’s total cash to $240 million, according to a statement released by the committee.
While these figures have not yet been independently verified, the Federal Election Commission will release public disclosure statements on July 15 for quarterly reporting committees and July 20 for monthly reporting committees. These documents will provide a transparent view of each candidate’s financial position in the 2024 election cycle.
Biden Campaign Manager Julie Chavez Rodriguez emphasized the growing base of supporters standing behind the president and vice president, attributing the successful fundraising haul to their commitment.
Former President Donald Trump had previously taken the cash advantage from President Biden, with fundraising groups associated with the Trump campaign ending May with more cash on hand than the Biden groups. However, the Biden campaign saw a surge in donations following the June 27 debate, with supporters contributing over $33 million in the aftermath.
The campaign plans to use the funds to strengthen their on-the-ground infrastructure, pay for targeted advertisements, and expand their presence in battleground states. In June, they spent $50 million on paid media campaigns targeting key voting blocs, including Latino, black, and Asian Americans.
Overall, the Biden campaign is strategically utilizing their fundraising efforts to support their campaign initiatives and reach a wide range of voters. Please rewrite this sentence.
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