Outside Groups Pledge $1 Billion to Back Biden's Reelection

The substantial investment contrasts with Trump's reported fundraising struggles.

The League of Conservation Voters announced a $120 million investment into the 2024 election, marking the group's largest investment in an election cycle.
Outside groups, including the League of Conservation Voters, SEIU, and Future Forward, have pledged over $1 billion to support President Biden's reelection.
President Biden's campaign, independent of outside groups, expects to raise and spend $2 billion for his reelection bid.
Former President Trump faces fundraising challenges, with his campaign and the Republican National Committee having about $40 million combined as of the end of January.
Democratic and progressive organizations often announce spending plans before the funds are raised, contrasting with Republican groups that rely more on major donors and do not announce plans in advance.