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Trump Cuts Campaign Spending, Narrows Cash and Polling Gap with Biden

As the 2024 election heats up, Trump's strategic spending reduction helps him close in on Biden's financial lead, while legal expenses continue to strain his funds.

  • Trump's campaign ended March with $45 million, significantly less than Biden's $85.5 million, but reduced spending has helped narrow the gap.
  • Trump's legal bills, totaling $86 million since his campaign began, remain a major financial burden, consuming 26% of his political committees' March expenditures.
  • Biden and Trump both see strong fundraising from recent high-profile events, with Biden raising $26 million in March and Trump expecting significant funds from an April event.
  • Independent candidate Robert F. Kennedy Jr. gains financial boost from running mate Nicole Shanahan, raising $5.4 million in March.
  • Democrats maintain a fundraising edge in Congressional races, with the DNC reporting $45.2 million in cash at the end of March.
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