Biden has big cash advantage over Trump in final stretch

Video Credit: Reuters - Politics
Published on October 21, 2020 - Duration: 01:20s

Biden has big cash advantage over Trump in final stretch

U.S. Democratic presidential candidate Joe Biden's campaign entered the final stretch of the race with a large cash advantage over President Donald Trump, disclosures filed with the Federal Election Commission showed.

Colette Luke has the latest.


Biden has big cash advantage over Trump in final stretch

U.S. Democratic presidential candidate Joe Biden’s campaign entered the final stretch of the race with a large cash advantage over President Donald Trump.

Records filed with the Federal Election Commission showed the former vice president’s campaign out-raised and outspent Trump’s re-election effort in September, with Biden’s political ads now much more prevalent on American television.

Biden’s campaign took in $281 million dollars during September, more than three times as much as the $81 million dollars Trump’s campaign raised.

Biden spent more than double what Trump’s campaign did.

Biden's fundraising advantage showed up in ways large and small.

In one example, sure to be a thorn in the president's side, lawyers at Jones Day, which has earned millions of dollars for work Trump’s re-election campaign, donated heavily to his opponent.

Lawyers at the firm gave nearly $90,000 to the campaign committee of Joe Biden.

Contributions to the Trump campaign by Jones Day lawyers totaled just $50 dollars.

The figures reflect individual giving, not law firm contributions.

But Biden’s upper hand in the money race is no guarantee of victory.

Trump triumphed in the 2016 election despite being outspent by Democratic candidate Hillary Clinton.

You are here

💡 One News Page Knowledge: Other News Mentions

Joe Biden

President-elect of the United States; 47th Vice President of the United States
Trump is gearing up to run again in 2024 and that could complicate Joe Biden's entry into the White House and freeze other Republicans from running.
Credit: - Published 2 hours ago

With Friday's latest jobs report revealing more signs of a slowing economy, President-elect Joe Biden said there is no time to lose and urged President Trump and..
Credit: CBS News - Published 3 hours ago

President Trump is heading to Valdosta, Georgia, for a rally Saturday evening to support two incumbent Republican senators facing January runoff elections..
Credit: CBS News - Published 5 hours ago

Jones Day

US international law firm

Donald Trump

45th president of the United States
House Speaker Rusty Bowers, R-Mesa, gave a forceful rebuke to Republican lawmakers who want the Legislature to give Arizona's electoral votes to Trump
Credit: - Published 27 minutes ago

Rep. Jim Jordan tweets that Fauci wants to cancel saying "Merry Christmas"; Trump will attend a Georgia rally for GOP Sens. Loeffler and Perdue.
Credit: - Published 29 minutes ago

The last act of the Trump presidency has taken on the stormy elements of a drama more common to history or literature than a modern White House.
Credit: - Published 56 minutes ago

Democratic Party (United States)

Major political party in the United States
Senators Lamar Alexander, a Republican, and Tom Udall, a Democrat, agree the institution needs fixing but differ on what the solution is.
Credit: - Published 8 hours ago

California certified its presidential election on Friday (Saturday NZT) and appointed 55 electors pledged to vote for Democrat Joe Biden, officially handing him..
14 hours ago • New Zealand Herald
President Trump will travel to Georgia for a rally on Saturday. He's throwing his support behind the two Republican candidates in the state's Senate runoff..
Credit: CBS News - Published 15 hours ago

Federal Election Commission

United States independent regulatory agency that regulates federal elections

Related news from verified sources

The president's campaign committee finished September with $63.1 million cash on hand, compared with the Biden team's $177.3 million, according to new federal...
on October 21, 2020 • NPR

Joe Biden is in a commanding position as the presidential race enters its final stretch, leading President Donald Trump in polling and...
on October 10, 2020 • Upworthy

The Biden campaign sought to keep the president's handling of the coronavirus front and center on Friday, while the Trump campaign looked to shift attention...
on October 23, 2020 • NPR

Related videos from verified sources

Amid 'dire' jobs report, Biden urges quick action on COVID bill 01:22
Video credit: Reuters Studio - Published 19 hours ago 

Group Republicans Asks U.S. Supreme Court To Block Joe Biden's Pennsylvania Victory 00:41
Video credit: CBS Dallas Digital - Published 1 day ago 

President-Elect Joe Biden Will Ask Everyone To Wear A Mask For 100 Days 02:30
Video credit: CBS4 Miami - Published 1 day ago 

You might like