Democrats Outpace Republicans in 2024 Election Fundraising

With a significant cash advantage and fewer internal conflicts, Democrats lead in the race for campaign funds as GOP struggles with donor retention and infighting.

The Democratic National Committee (DNC) has significantly outpaced the Republican National Committee (RNC) in fundraising efforts for the 2024 election, with the DNC raising $16.6 million in February compared to the RNC's $10.7 million.
President Joe Biden and the DNC have a combined $155 million cash on hand, maintaining a financial edge over the GOP, which raised $32 million last month and entered March with an $81.3 million war chest.
The RNC's financial struggles are attributed to infighting and a new joint fundraising agreement with Donald Trump's campaign, which diverts funds to cover Trump's legal fees, potentially deterring big donors.
Republicans' reliance on small-dollar donors has diminished, with Trump's campaign seeing a significant decrease in donations from this group compared to previous years, raising concerns about the GOP's fundraising capacity.
Despite the GOP's fundraising challenges, Trump's legal battles and controversial statements continue to energize his base, with his campaign raising $10.6 million from 280,000 digital donations last week.