New campaign finance filings for the month of February reveal that Joe Biden's presidential campaign continues to outpace Donald Trump's in fundraising efforts, widening the financial gap between the two candidates as they head into the general election.
According to the reports filed Wednesday night, Biden's campaign saw a surge in donations, while Trump's fundraising efforts fell short of matching the accelerating pace set by his Democratic rival. Biden's campaign ended February with nearly $56 million in available funds, compared to Trump's $30.5 million.
Trump's legal troubles also took a toll on his campaign finances, with legal bills surpassing the amount of money his leadership PAC received last month. This highlights the significant financial burden imposed by ongoing legal challenges faced by the Trump campaign.
Meanwhile, independent candidate Robert Kennedy Jr. is facing scrutiny and criticism from Democrats, with an allied super PAC spending heavily to support his campaign. The filings show that Kennedy's campaign is incurring substantial expenses as it seeks to gain access to the ballot in more states.
Additionally, the Democratic National Committee (DNC) maintained a significant financial advantage over its Republican counterpart, ending February with more than twice the cash on hand. This underscores the Democrats' overall financial edge over the GOP as they gear up for the general election.
Overall, the February financial reports highlight Biden's early fundraising dominance and the challenges faced by the Trump campaign in closing the fundraising gap. With the general election approaching, the financial resources available to each candidate will play a crucial role in shaping the outcome of the race.
