Otago Daily Times

Biden has more funds


WASHINGTON/NEW YORK: Democratic presidenti­al candidate Joe Biden’s campaign raised vastly more funds than President Donald Trump’s campaign in early October, leaving the former vicepresid­ent with a major cash advantage.

Biden raised about $US130 million ($NZ195 million) from October 114, about three times the roughly $US44 million raised by Trump’s campaign, according to disclosure­s to the Federal Election Commission.

Biden spent more than twice as much as Trump did during the period. His advertisem­ents became much more prevalent, costing at least $US127 million, while Trump spent at least $US45 million.

Biden appears poised to outspend Trump in the two weeks before the November 3 election, with $US162 million in the bank compared with Trump’s about $US44 million.

Trump trails Biden in most national public opinion polls but the contest looks closer in several states that could determine the winner. — Reuters

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