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Pro-Biden Group Future Forward Raises $208M Ahead of 2024 Election

Combined with Biden's campaign funds, Democrats likely hold a significant financial advantage over Republican rivals.

  • Future Forward, the top outside group supporting President Joe Biden, raised $208 million in 2023, a significant sum as Democrats prepare for a challenging reelection year.
  • The fundraising total, combined with the nearly $100 million raised by the Biden campaign operation in the final quarter of the year, likely gives the president a substantial fundraising advantage over his Republican rivals.
  • Future Forward's total includes money raised by both its super PAC and nonprofit arm, Future Forward USA Action, which serve as the Biden campaign’s preferred outside avenue for raising unlimited funds from high-dollar donors.
  • Democrats are already spending as they prepare for a likely rematch with former President Donald Trump. Future Forward aired pro-Biden ads throughout 2023, particularly focusing on the Inflation Reduction Act.
  • Trump’s primary super PAC, Make America Great Again, Inc., hasn’t yet released its fundraising totals for 2023. It had reported having about $31 million in cash on hand and raising nearly $15 million in the first half of 2023.
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