Overview

• 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.