Donald Trump’s campaign saw an uptick in donations in February but failed to match the accelerating fundraising pace set by Joe Biden, whose political operation widened its already substantial financial advantage over his Republican rival as it entered March and the general election showdown, new filings show.
The February financial reports filed Wednesday night also underscore the continued steep price of Trump’s legal troubles: Legal bills alone outstripped the money Trump’s leadership PAC took in last month.
Meanwhile, Robert Kennedy Jr. – whose independent White House bid is facing increasing scrutiny and criticism from Democrats – is racking up big bills as an allied super PAC spent heavily to help him break through to voters and gain access to the ballot in more states.
Here are some key takeaways from new campaign filings for the month of February:
The new filings, which cover only a portion of the committees associated with each presidential contender, continue to show Biden’s early fundraising dominance.
The president ended February with $71 million in available cash in his principal campaign account – more than twice the $33.5 million in cash reserves held by Trump’s campaign. Biden expanded the gap seen at the end of January when his campaign had nearly $56 million in available funds to Trump’s roughly $30.5 million.
The filings also show that the Democratic National Committee ended February with more than twice the cash on hand as its Republican counterpart, buttressing Democrats’ financial edge over a political operation that Trump is working to build with the national GOP now that he is the party’s presumptive nominee.
Some groups affiliated with the presidential contenders will not disclose their balance sheets to…
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