The Pak Banker

Biden and Democrats raised record $383m in Sept for White House bid

- -REUTERS

WASHINGTON: Democrat Joe Biden and his party raised a record-shattering $383 million in September for his presidenti­al bid, likely bolstering his financial advantage over President Donald Trump ahead of the Nov. 3 election. The campaign had $432 million in cash at month's end for the final five weeks of the race, campaign manager Jen O'Malley Dillon said on Twitter. The haul outstrippe­d the $365 million that Democrats raised in August, which was itself a monthly record for any U.S. presidenti­al campaign.

"To every person who chipped in a few dollars last month - thank you," Biden wrote on Twitter in announcing the sum. "I'm incredibly humbled." Biden has held a significan­t lead over Trump in national polls for months, although Reuters/Ipsos polling shows a somewhat closer race in the battlegrou­nd states likely to decide the winner.

But Democratic voters' intense desire to defeat Trump's re-election campaign has driven a wave of donations up and down the ballot. The Sept. 18 death of U.S. Supreme Court Justice Ruth Bader Ginsburg, a liberal icon, and Trump's subsequent nomination of conservati­ve jurist Amy Coney Barrett prompted a fresh surge. ActBlue, the leading Democratic fundraisin­g website, has processed more than $780 million in contributi­ons in the 26 days since Ginsburg's passing. O'Malley Dillon said $203 million of the campaign's total came from online donors. The results of Biden's fundraisin­g power were on display in September, when Biden ran nearly $148 million in advertisem­ents on television and radio, while Trump's spending was less than $56 million, according to Advertisin­g Analytics LLC, a market research company.

Biden's campaign has sought to use his edges in polling and money to expand the electoral map, running ads in states like Ohio and Iowa that were once thought to be out of reach.

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