Donald Trump and the Republican Party find themselves facing an early cash gap heading into the 2024 election — and are furiously trying to fix it. At the end of January, President Biden’s campaign had $56 million in cash, compared to $30.5 million for Trump. The Democratic National Committee, which is functioning as a part of Biden’s campaign, had $24 million in the bank — almost triple the $8.
7 million held by the Republican National Committee. A Washington Post analysis of filings by Biden’s campaign and joint fundraising committees found that they had 172,000 unique donors in November of 2023, pulling ahead of Trump’s 143,000 donors for the first monthly win of the year. Despite the fact that Trump was actively campaigning for the Republican nomination, Biden maintained an advantage in December.
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