Thursday, November 26, 2020
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Biden holds cash advantage against Trump

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Washington | Wednesday, 2020 10:15:06 PM IST
With more than $177 million in the bank, Democratic presidential candidate Joe Biden currently holds a massive cash advantage against US President Donald Trump, just 12 days ahead of the November 3 election, according to new filings with the Federal Election Commission.

The filings revealed on Tuesday that the President only had $63.1 million worth of cash in the bank as of this month, reports The Hill news website.

Until September, Biden's election campaign had raised a whopping $383 million worth of funds, while Trump managed $247.8 million.

In September 2016, the then Democratic presidential hopeful Hillary Clinton had only raised $154 million, according to a CNN reported.

In August, the Biden campaign's fund-raising amount stood at $364.5 million, compared to the President's $210 million.

Despite the disadvantage, the Trump campaign said that it was confident they will have enough resources to sustain the effort to re-elect the President.

Last week, Tim Murtaugh, the campaign's communications director, had said: "President Trump hits final stretch with strength, resources, record and huge ground game needed to spread message and secure re-election."

--IANS ksk/

( 190 Words)

2020-10-21-16:14:04 (IANS)

 
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