Biden Campaign, Aiming to Show Post-Debate Stability, Unveils June Fund-Raising Sum
President Biden’s campaign said on Tuesday that it had raised $127 million in June together with the Democratic Party, a sign of strength in a month that ended with a halting debate performance that has cast doubts on the president’s re-election effort.
The Biden campaign and affiliated groups said they had raised $38 million in the four days after Mr. Biden stumbled through a debate against former President Donald J. Trump, struggling for answers and at times appearing confused. Top campaign officials, in instances including a call with top donors on Monday evening, have pointed to the continued vigor of Mr. Biden’s fund-raising as a reason for Democrats not to panic.
Mr. Biden’s June fund-raising was also fueled by an event featuring Barack Obama, George Clooney and Julia Roberts that brought in roughly $28 million, a record for a single Democratic Party fund-raiser. That event took place two weeks before Thursday’s debate.
The Biden campaign decided to release its fund-raising figures early — federal filings are not due until July 20 — as part of an attempt to demonstrate strength during an extraordinarily difficult period for the campaign. The Trump campaign has not yet released its June fund-raising figures.
While Mr. Biden led Mr. Trump for months in the money race, the Republicans have lately pulled ahead, thanks in part to Mr. Trump’s fund-raising drawing on his criminal conviction in New York on May 30. Mr. Trump’s joint operation outraised Mr. Biden in both May and April, erasing the advantage that Mr. Biden had enjoyed for almost the entire campaign.
Mr. Biden’s sum last month was his largest monthly haul of the election cycle. His campaign four years earlier, though, did beat that total in June 2020, raising $141