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BumRushDaShow

(129,769 posts) Sun Mar 10, 2024, 08:57 AM Mar 10

Biden team brings in $10 million in the 24 hours after the State of the Union

Source: NBC News

March 10, 2024, 8:00 AM EDT

President Joe Biden’s re-election machine brought in $10 million in the 24 hours following his State of the Union address on Thursday — a financial jolt as the campaign looks to build general election momentum off the speech. The sum, which was shared first with NBC News, is a record for Biden’s re-election effort, the campaign said. And it’s notable even in the context of big political fundraising numbers.

Biden’s campaign and affiliated committees powering the Democratic National Committee and other party groups raised $42 million in the entire month of January, for example. The money flowed in via approximately 116,000 donations from 113,000 contributors, a senior Biden campaign adviser said. And the total builds on Biden’s early financial advantage over former President Donald Trump.

Biden’s campaign proper had $56 million in the bank at the end of January, the most recent period covered by public campaign finance filings, while the DNC had $24 million. Trump and the Republican National Committee, meanwhile, had $30 million and $9 million on hand, respectively. Both operations also had additional money stashed away in other fundraising accounts.

The Biden camp is leaning into its early cash edge, on Saturday launching the first ad of a $30 million, six-week effort to blanket swing states with the campaign’s message. The first ad features Biden speaking straight to camera, acknowledging his age but saying he “understand[s] how to get things done.” Biden then lists a slew of accomplishments since he was sworn in and makes a series of contrasts with Trump in the ad.

Read more: https://www.nbcnews.com/politics/2024-election/biden-raises-10-million-24-hours-state-union-rcna142624

9 replies

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Biden team brings in $10 million in the 24 hours after the State of the Union (Original Post) BumRushDaShow Mar 10 OP

I got a phone call the next morning underpants Mar 10 #1

I got texts BumRushDaShow Mar 10 #2

Signed on to monthly donations. we can do it Mar 10 #3

I'm afraid they're spending too much before it matters - hit them hard at the end. lark Mar 10 #4

As an anectdotal rebuttal to that BumRushDaShow Mar 10 #6

Biden-Harris campaign has to run ads continuously to counter the continuous spewing of lies and NoMoreRepugs Mar 10 #5

And none of it will be used to pay off court fines and lawsuits progressoid Mar 10 #7

I give oftern DownriverDem Mar 10 #8

This makes me smile LetMyPeopleVote Mar 10 #9

underpants

(182,964 posts)

1. I got a phone call the next morning

Reply to BumRushDaShow (Original post)

Sun Mar 10, 2024, 08:58 AM

Mar 10

Donated $50

BumRushDaShow

(129,769 posts)

2. I got texts

Reply to underpants (Reply #1)

Sun Mar 10, 2024, 09:14 AM

Mar 10

before and after...

we can do it

(12,208 posts)

3. Signed on to monthly donations.

Reply to BumRushDaShow (Original post)

Sun Mar 10, 2024, 09:26 AM

Mar 10

lark

(23,182 posts)

4. I'm afraid they're spending too much before it matters - hit them hard at the end.

Reply to BumRushDaShow (Original post)

Sun Mar 10, 2024, 09:47 AM

Mar 10

I've noticed early ads are often Dem but few R's, near election time, it's R's on non=stop 24x7. Think it's good to run a few ads now, but we need to save our powder for when it matters more. Just my opinion and observation.

BumRushDaShow

(129,769 posts)

6. As an anectdotal rebuttal to that

Reply to lark (Reply #4)

Sun Mar 10, 2024, 11:08 AM

Mar 10

I remember way back during what would end up being teabagger Toomey's last campaign in 2016 here in PA (he didn't run again and that is when Fetterman ran in 2022), when he was literally running ads all that spring, through the summer, and into that fall, non-stop, on radio and TV. There were no other ads for any office during those times and I was furious. He was of course re-elected (beating the (D) candidate Katie McGinty by ~1.5%/90K votes).

The old-thinking was to wait until right before the election. But when you have the $$$, reserve air time for the fall, but start spending now.

A complaint that some of the slightly engaged or un-engaged voters have had was that suddenly the politicians "only show up just before the election", and breaking that habit might help to break the problem of low-turnout primaries and special elections that are often just as critical for those row offices up and down the ballot. This is particularly a need when you have the GOP now intent on taking away rights by changing state constitutions via referendums and scheduling those during low-turnout primaries and/or special elections.