'Nerve-Racking': Trump Outraised Biden by $81 Million Over Last Two Months

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'Nerve-Racking': Trump Outraised Biden by $81 Million Over Last Two Months
Joe BidenMoney In PoliticsElection 2024
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Edward Carver is a staff writer for Common Dreams.

Presumptive Republican nominee Donald Trump outraised President Joe Biden for the second month in a row in May and brought in a total of $81 million more than Biden over April and May, federal filings released Thursday show, closing a significant gap in their war chests and sparking concerns among Democratic strategists. Trump's joint operation with the Republican National Committee has drawn near to Biden's cash on hand, after having lagged about $100 million at the start of April.

Inc., a pro-Trump super PAC, $50 million on May 31, as Common Dreams reported Friday. Biden's advisers say that the president still has the overall advantage in outside money. Pro-Biden super PACs and nonprofits have outspent pro-Trump groups by 50% on ads on six key battleground states, the Times reported. And Biden's billionaire supporters continue to give.

Inc. just placed $30 million in airtime purchases in Georgia and Pennsylvania, the Times reported. Both the Biden and Trump campaigns have major fundraisers scheduled for June 27 to coincide with the first presidential debate.

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