Dem
51
GOP
49
The Biden campaign, DNC, and their joint committees raised $53 million in February. Since April 2023, they have raised $331 million. As of Feb. 20, they had $155 million left in the bank. This is the highest total for a campaign and associated committees in history. The campaign has had 1.3 million donors who gave a total of 3.4 million times so far, with 97% giving under $200.
A lot of the money will go to the ground game. The campaign is planning to open 100 offices in the half-dozen battleground states and hire 350 people to staff them. But it is also going to fight in the air. It is planning to spend $30 million on TV ads in the swing states.
The Trump campaign hasn't released its February numbers yet, but the RNC had $40 million at the end of January. However, that number could be somewhat misleading because Trump is probably going to tap at least some of it to pay his lawyers, reducing what he has for campaigning. The DSCC, DCCC, NRSC, and NRCC haven't reported on February yet either.
Historically, money doesn't matter so much in presidential races because the candidates get so much free publicity. It does matter down-ballot, though. This is why DNC and RNC money is important. These committees have the flexibility to shovel money where it is needed most. (V)