October 6, 2024

Biden’s Record-Breaking Fundraising in January Amidst Underwater Approval Rating

4 min read

The political landscape of the United States has been abuzz with anticipation and excitement as the 2024 presidential election approaches. The two leading contenders, President Joe Biden and former President Donald Trump, have been making headlines for their respective campaigns and fundraising efforts. In January, President Biden’s campaign announced that they had raised an impressive sum of over $42 million, marking a record-setting total for a Democratic candidate at this stage of a presidential election cycle.

According to the campaign, this impressive fundraising figure was achieved through the President’s main campaign committee, as well as his two joint fundraising committees and the Democratic National Committee. The Biden campaign reported entering February with an impressive cash on hand of over $130 million.

This significant fundraising achievement comes at a time when polling indicates that President Biden’s approval rating is underwater, and he is tied or trailing former President Trump in what appears to be a potential general election rematch. The age of the President, who is currently 81 years old, has been a concern for some voters. In a February CBS News poll, only a third of voters believed that President Biden could finish a second term or that he had the mental and cognitive health to serve as president.

Despite these concerns, the Democratic base has prioritized preventing Trump from winning another term. However, most independents in the poll believed that neither Trump nor Biden had the mental and cognitive health to serve as president.

The Biden campaign reported that January was their strongest grassroots fundraising month since launching in April 2023, and 97% of their donations since then have been under $200. Campaign manager Julie Chavez Rodriguez expressed her confidence in the campaign’s fundraising machine and criticized the Republican Party for being divided between spending money on Trump and his extreme agenda.

The Iowa caucuses in mid-January saw Trump handily winning the Republican contest by 30 points. In the three days following the caucuses, the Biden campaign reported raising $1 million each day and averaging $1 million in 24-hour hauls at the end of January. The majority of fundraising emails sent at the end of January were centered around Trump, who had secured the Republican nomination for president.

The Biden campaign’s fundraising emails emphasized the importance of coming together to defeat Trump in the upcoming election. One such email read, “After the results in Iowa and New Hampshire, Donald Trump has all but locked up the Republican nomination for president. It’s clear we will have to come together to defeat him again.”

The 2024 presidential election is shaping up to be a closely contested race, with both candidates raising significant funds to support their campaigns. While President Biden’s impressive fundraising total in January is a positive sign for his campaign, it remains to be seen how this will translate into votes and ultimately, the presidency.

In the meantime, the political landscape continues to evolve, with developments and announcements from both the Biden and Trump campaigns keeping the public engaged and informed. As the election approaches, the stakes are high, and every dollar raised and every vote counted will play a crucial role in determining the future of the United States.

The age-old question of how old is too old for Washington, D.C. remains a topic of debate and concern, with both President Biden and former President Trump facing questions about their mental and cognitive health. The 2024 election is sure to shed light on this issue and many others, as the two candidates continue to make their cases to the American people.

In conclusion, the record-breaking fundraising total of over $42 million raised by President Biden’s campaign in January is a significant achievement that comes at a crucial time in the 2024 presidential election cycle. Despite underwater approval ratings and concerns about his age, President Biden’s campaign has shown impressive grassroots support and a strong fundraising machine. The upcoming election is expected to be a closely contested race, and every dollar raised and every vote counted will play a crucial role in determining the future of the United States.

The political landscape is constantly evolving, with developments and announcements from both the Biden and Trump campaigns keeping the public engaged and informed. As the election approaches, it is important to stay informed and engaged in the democratic process, and to remember that every voice matters.

The age-old question of how old is too old for Washington, D.C. remains a topic of debate and concern, with both President Biden and former President Trump facing questions about their mental and cognitive health. The 2024 election is sure to shed light on this issue and many others, as the two candidates continue to make their cases to the American people.

In the end, the 2024 presidential election is about more than just fundraising totals and approval ratings. It is about the future of the United States and the values that define us as a nation. It is about ensuring that every voice is heard and every vote is counted. It is about coming together as a country and working towards a brighter future for all.

As we move forward in this election cycle, it is important to remember that every dollar raised, every vote counted, and every voice heard matters. Let us continue to engage in the democratic process and work towards a future that is inclusive, just, and equitable for all.

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