Politics

Biden’s campaign is celebrating the victories it can achieve and touting the $33 million in donations it managed to raise after the debate

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  • Biden’s campaign said it raised $33 million after the first presidential debate of the year.

  • The campaign said half of the funds raised came from first-time donors.

  • The rise in donations provides some relief for Biden, who faces growing calls to step aside.

President Joe Biden’s supporters may have been nervous about his poor performance in Thursday’s presidential debatebut this did not appear to hinder his campaign’s fundraising efforts.

“$33 million raised since the debate, $26 million from grassroots donors,” said Rob Flaherty, Biden’s deputy campaign manager. he said in an X post on Sunday.

“Half! of the donations made this period are from first-time donors. The Democrat base is coming on board,” he continued.

The increase in donations would certainly be a source of relief for the Biden camp. For comparison, former President Donald Trump’s campaign said it raised US$8 million the day after the debate.

“Thursday was our best day of grassroots fundraising, while Friday was our second best,” said a Biden campaign official. counted CNN.

Biden representatives did not immediately respond to a BI request for comment sent outside normal business hours.

Biden saw a similar increase in donations after his first presidential debate with Trump in the 2020 election. His campaign said at the time that it had broke its fundraising records When raised nearly $10 million from 215,000 donors on the day of the debate.

But while the increase in donations gives Biden a welcome boost, it’s certainly not the result the campaign needs right now.

Calls for Biden to be replaced as the presumptive Democratic nominee grew up after their underwhelming performance in last week’s debate.

And when it comes to fundraising, Biden’s campaign may also be losing momentum against his Republican rival.

The Trump campaign said it raised US$141 million in May, higher than that of Biden US$85 million in the same month. And in April, Trump raised US$76 million for Biden US$51 million.

On Saturday, Biden donor and investor Whitney Tilson said she is reconsidering your support for Biden after Thursday’s debate.

“If the man I saw at the debate is the real Joe Biden right now, then it would be a waste of time and money to support him because he has almost no chance of defeating Trump,” Tilson said. he said in a post X.

Read the original article at Business Insider



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