Outside groups backing Donald Trump’s presidential bid have spent significantly more money recently than those supporting President Joe Biden, a Reuters analysis of campaign finance records reveals. Since Trump clinched the Republican nomination on March 6, pro-Trump groups have spent over $25 million, while Biden’s allies have spent more than $15 million during the same period.
MAGA Inc., the largest pro-Trump super PAC, reported having $93.7 million in the bank at the end of May, up from $33 million at the end of April, according to a senior official. Both sides have focused their spending on television attack ads to influence the small number of voters who will decide the November 5 election.
The spending surge from Trump allies aims to counter Biden’s early fundraising lead. Biden’s campaign reported $84 million in the bank at the end of April, compared to $49 million for Trump. A source familiar with MAGA Inc. stated that the current strategy is to weaken Biden’s cash advantage, allowing Trump’s campaign to save its funds while relying on MAGA Inc. for the ad campaign.
While Trump’s legal battles have increased his expenses, Biden and Trump remain close in national polls, with Trump holding a slight edge in key battleground states. Both campaigns will release updated finance figures on Thursday.
Unlike campaigns, super PACs can raise unlimited funds but cannot coordinate ad purchases with the candidates they support. MAGA Inc. has spent about $18 million on ads targeting Biden’s immigration policies and age. In contrast, Future Forward, the largest Biden super PAC, has spent less than $1 million since March 6, despite holding $57 million in April.
American Bridge 21st Century, another Democratic super PAC, has spent over $11 million, focusing on issues like abortion rights in battleground states. The group’s president, Pat Dennis, mentioned they are setting the stage for a heavy spend in the fall.
Discover more from News Facts Network
Subscribe to get the latest posts sent to your email.
