Biden gets a $1 billion 2024 boost from pressure groups including climate ... trends now
A growing number of groups ranging from climate activists to labor unions have pledged an unprecedented amount of cash totaling $1 billion to help get Joe Biden reelected as he gears up for a likely rematch with former President Donald Trump come November.
The latest pledge came from the League of Conservation Voters (LCV) Victory Fund, which announced on Tuesday it was spending $120 million in the 2024 cycle, the most the clean environment advocacy group has ever spent in an election cycle.
It comes as Biden has amassed a massive war chest as he recently received enough delegates to clinch the Democratic presidential nomination.
The president's campaign has $155 million cash on hand, the most of any Democratic candidate at this point in a cycle his campaign said. He received his strongest grassroots fundraising month to date in February when the campaign raised $53 million.
Biden's available cash is believed to have far surpassed former President Trump's campaign war chest as the ex-president also faces mounting legal costs.
Trump, who clinched enough delegates last week to be the GOP presidential nominee, only formed a joint fundraising account with the Republican National Committee recently. There was about $40 million cash available between the two of them at the end of January, according to election filings.
The unprecedented outside cash sum totaling $1 billion being spent in support of Biden was reported by the New York Times on Tuesday.
Biden's campaign recently announced he has $155 million cash on hand and raised $53 million in February, his campaign's best fundraising month to date
Biden had a massive cash advantage on Donald Trump according to the latest federal election filings. Trump has also been hampered by mounting legal costs
'Our investment must be equal to the stakes, and the stakes have never been higher,' said Pete Maysmith, Senior Vice President of Campaigns for LCV on LCV's spending. 'Trump and MAGA Republicans have been clear that if they are in control, they will stop at
