President Joe Biden‘s re-election effort announced fundraising numbers on Monday that the campaign touted as a significant indicator of strong public support despite polling that signals trouble ahead and other challenges on the horizon.
Donors gave Biden’s team and allied entities of the Democratic Party $97 million in the final three months of 2023 and their $117 million cash on hand is “the highest total amassed by any Democratic candidate in history at this point in the cycle,” boasted a campaign email reported by the Washington Examiner.
The haul not only outpaced fundraising in the previous two quarters the $71-$72 million range but also eclipsed the $68 million former President Barack Obama’s re-election endeavor got in the fourth quarter of 2011. But, as noted by some in the media, Biden’s fundraising muscle is less impressive when the numbers are adjusted for…
