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Biden's Fundraising Overshadows Trump's in Final Days of Campaign

Masood Farivar

   As the race for the White House enters the homestretch, U.S. President
   Donald Trump finds himself at a major campaign cash disadvantage to
   Democratic challenger Joe Biden.

   Campaign filings with the Federal Election Commission (FEC) show the
   Trump re-election committee with $63 million in cash on hand as of Oct.
   1, compared with Biden's $177 million. Biden's 3-to-1 cash advantage
   came as his campaign raised $489 million in August and September,
   compared with Trump's just under $143 million.

   Overall, the Biden campaign has raised $809 million, more than any
   other candidate in U.S. history, excluding self-funding billionaire
   Michael Bloomberg, while Trump's re-election committee has hauled in
   $552 million, according to the Center for Responsive Politics, a
   campaign watchdog organization. Party committees and outside groups
   have raised and spent even more money on the race.

   Big edge in final days

   The Democratic candidate's unprecedented money advantage has enabled
   him to outspend Trump's once-flush re-election campaign, flooding the
   airwaves and social media with advertising in key battleground states
   in the final days of the campaign.

   Biden's financial edge means he "is going to have a lot more money to
   spend on basically whatever he wants," said Douglas Weber, a senior
   researcher at the Center for Responsive Politics in Washington. "That
   can be helpful because it means he has the resources if he wants to
   invest in long-shot states."

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