Bloomberg: “Groups allied with Biden have already committed to spending more than $700 million to help him beat Donald Trump in the 2024 election… That’s in addition to the $130 million his campaign reported having on hand at the start of February.”
“Trump’s financial situation, by comparison, is starting to show cracks. His campaign spent more than it raised in January and allied political action committees are spending millions on his legal defense that would otherwise go to reelection efforts. The Republican National Committee’s fundraising also lags behind its Democratic counterpart.”
“On top of that, Trump’s personal finances may be strained after court orders to pay a combined $540 million in damages from both a civil fraud suit and a defamation case.”
