Home Economy Biden reelection effort raises $71 million for third quarter

Biden reelection effort raises $71 million for third quarter

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The Joe Biden for President campaign and the Democratic National Committee (DNC) raised a combined total of $71 million for the third quarter of 2020, which runs from July through September. The Biden campaign alone raised $48 million, setting a record for the most raised in that quarter by a non-incumbent presidential candidate. The DNC raised an additional $23 million over the same period.

The funds make up the first major haul by the Biden campaign since he accepted the Democratic Party’s nomination in August. The campaign has out-raised President Donald Trump and the Republican National Committee in six of the last nine months.

The Biden campaign and the DNC have employed a variety of tactics in the fundraising arena throughout the year, such as raising money through online fundraising platforms, holding virtual events, and soliciting small-dollar donations. The Biden campaign also has held several star-studded digital fundraising events, benefiting from fundraising appeals from Hollywood celebrities.

The campaign said it will use the funds to invest in voter outreach, mobilization, and digital ads. It plans to focus its investments on the key battleground states of Arizona, Florida, Michigan, North Carolina, Pennsylvania, and Wisconsin.

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