Democratic presidential candidate Joe Biden’s campaign raised $130 million in the first two weeks of October alone and entered the last stretch of the presidential race with $118 million more in the bank than President Donald Trump, allowing him to dominate the airwaves in battleground states just as voters are casting their ballots.
And Biden is spending the money at a steady clip as Election Day approaches. Biden’s campaign spent $145 million in the first two weeks of October, or about $10.4 million a day, more than twice what Trump’s campaign spent over the same period, at $63.1 million.
Overall, Biden, the Democratic National Committee and two fundraising committees raised $162.6 million according to their latest filings with Federal Election Commission, while Trump’s re-election effort raised $108 million. Biden’s campaign had $162 million in the bank compared to $43.6 million for Trump.