The Biden campaign announced that it raised over $90 million in March, while President Trump’s campaign is set to break a record with a $43 million haul at a fundraiser in Florida. Former President Donald Trump’s campaign aims to narrow the fundraising gap with Biden, who currently has $192 million cash on hand from the $90 million raised in March.
Julie Chavez Rodriguez, the Biden-Harris 2024 campaign manager, emphasized the historic fundraising efforts, stating that the money raised is crucial for building a winning operation. The Trump campaign closed March with $93.1 million in funds, trailing behind the Biden campaign’s impressive total.
President Trump’s campaign is on track to secure $43 million at an upcoming fundraiser, marking the largest single-day fundraising event in U.S. political history. This amount surpasses the record-breaking $26 million raised by President Biden at a recent event in New York.
Both campaigns are gearing up for what is expected to be the most expensive election cycle in history, with projections indicating over $10.2 billion will be spent on political ads. President Biden’s campaign has already spent over $16 million on ads since Super Tuesday, while the Trump campaign has spent significantly less at $3.4 million.
President Trump’s fundraiser is anticipated to draw around 100 guests, including several billionaires, with contributions going towards the Trump 47 Committee. The event aims to galvanize support for the President, who has secured the GOP’s presumptive nomination after winning the primaries.
The fundraising efforts reflect the fierce competition between the two candidates as they prepare for the upcoming general election in November. With record-breaking fundraising numbers and strong support from their respective parties, both campaigns are gearing up for a highly contested race. Please rephrase the following sentence.
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