Campaign finance filings takeaways: Joe Biden is still in a financial hole, super PAC importance rising

  • 📰 CNN
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 95%

Business News News

Business Business Latest News,Business Business Headlines

Former Vice President Joe Biden and the Democratic National Committee came close to matching the fundraising performance of President Trump and the Republican Party in April -- but the presumptive Democratic nominee remains in a deep financial hole

Former Vice President Joe Biden and the Democratic National Committee came close to matching the fundraising performance of President Donald Trump and the Republican Party in April, but the presumptive Democratic nominee remains in a deep financial hole as the general election shifts into full gear, new figures show.

Biden and the Democrats started May with about $100 million in cash reserves, according to filings Wednesday night with the Federal Election Commission. That's less than half the $255 million that Team Trump said it had remaining in the bank, the result of a massive fundraising operation the President has cultivated since entering the White House.Biden and the DNC took in more than $60 million in April, nearly as much as the $61.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

So if a presidential candidate says, 'I'm going to have a man as my VP', or 'I'm going to have a white person as my VP', that's sexist and racist. Saying, 'I'm going to have a woman' and 'He should have a woman of color', though, are both ok. Equality, right? LMAO

He can't keep flirting with Stacey Abrams as VP. I wont give one more cent until it is clear he will NOT pick her!

Trump doesn’t have money he pretends to have, its all a lie. He owes a lot of money trying to dig him self out of bankruptcy. He owes more than he have. Show us your taxes.

Something to keep things in perspective for you...Biden has absolutely NO chance of ever putting his party in a worse hole than the POTUS has put his country in. Trump once boasted that he could shoot someone in NY and still get elected, well, now the gun is in Biden's hand.

Trump no more capability of buying election than he is buying a brain transplant.

JOE should answer campaigning about CDC to China, America needs to know, Joe Biden is the most dangerous man on earth considering this pandemic not even done.

Yep he’s in a whole alright! A mind boggling confused hole in his darn basement. Too afraid to come out and do something. As he says himself:

Let’s keep donating. Our lives depend on Joe beating Trump.

Tell Sleepy Joe to go to the retirement home. Put him out of his misery. Does he even know he is running? TRUMP 2020 🇺🇸🇺🇸🇺🇸

LOL Senator Kelly Loefler donated $1 mill to a Trump super pac.

Call BLOOMBERG

If Joe Biden had a nickel for every time he groped a little kid he would be doing just fine.

Great music

Where the hell is MikeBloomberg? He said he would be there for the Democrats?

If Trump has this vast amount of money to campaign with how comes the local governments keep lamenting that he jumps the bill every time he is in town?

More FakeNews admissions 👇🏻

My amazing ex wife did advertising for nbc. Now a business journal. Nobody is advertising. Why would they in WA. Governor is climate change Jay!

What a shocking system in the USA 🇺🇸 where the candidate who raises the most money 💰 from whatever source wins ....

Where is Bloomberg

And Joe is still killing in the polls!

Business Business Latest News, Business Business Headlines