Organization supporting US President's re-election raises $208 million in 2023

US President Joe Biden boards Air Force One at Raleigh-Durham International Airport in Cary, North Carolina, on January 18.

Future Forward's $208 million, plus nearly $100 million raised by President Biden's re-election campaign in the fourth quarter of 2023, has given the incumbent White House owner a formidable advantage over his Republican opponents.

Future Forward's total funding includes money from the organization's Super PAC and its nonprofit arm, Future Forward USA Action.

Gaining a financial advantage is especially important as President Biden's re-election campaign prepares for a rematch with former US President Donald Trump in the 2024 US election. Mr. Trump just won a historic victory in Iowa in the Republican primary on January 15.

Trump wins election in Washington; calls for investigation into Democrats emerge

Throughout 2023, Future Forward is spending money on ads supporting President Biden, such as the Deflationary Act, which it says will deliver economic and social benefits to the United States, as well as capping insulin prices and investing in manufacturing jobs. It is also running Latino and Hispanic ads in Arizona, Nevada, and Pennsylvania.

For its part, former President Trump's main super PAC Make America Great Again has yet to announce its total fundraising in 2023. The US press only knows that Make America Great Again previously had about $31 million in cash and raised nearly $15 million in the first half of 2023.

During the same period, Future Forward raised about $50 million.

Source link: https://thanhnien.vn/to-chuc-ung-ho-tong-thong-my-tai-tranh-cu-gay-quy-208-trieu-usd-nam-2023-185240119195121413.htm