President Joe Biden's reelection campaign and the Democratic Party raised over $90 million in March, marking a significant milestone as the campaign gears up for the general election. The campaign now boasts a war chest of $192 million cash on hand, the highest total ever amassed by a Democratic candidate at this point in the election cycle. This impressive fundraising effort was largely attributed to small-dollar donors, with the campaign touting its strongest grassroots fundraising month since its inception.
In contrast, Donald Trump's campaign and the Republican National Committee reported a combined fundraising haul of $65.6 million in March, with $93.1 million cash on hand. Despite the gap in fundraising numbers, Trump is expected to receive a boost from a high-profile fundraiser in Palm Beach. Biden's fundraising in March nearly doubled what he raised during the same period in 2020.
