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Biden’s State of the Union address brought in $10 million for his reelection campaign, report says

March 10, 2024
in Business
Biden’s State of the Union address brought in $10 million for his reelection campaign, report says
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Joe Biden’s reelection campaign raised $10 million in 24 hours after his State of the Union speech.Biden’s campaign and the DNC outraised Donald Trump and the RNC in January, NBC News reported.The campaign launched a $30 million ad blitz touting Biden’s wins and poking fun at his age.

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President Joe Biden brought his A-game for his State of the Union address last week, and it’s paying off — literally.

In the 24 hours following his address on Thursday, Biden’s campaign for reelection brought in $10 million in what the campaign said was a record for the president, NBC News reported. Some 116,000 donations came from 113,000 supporters, the campaign told NBC.

“Ten million dollars in 24 hours. To quote the boss, that’s a BFD,” campaign manager Julie Chavez Rodriguez told NBC in a statement. “The President’s State of the Union address reminded so many of our supporters who is fighting for them, and the stakes of this election for our freedoms, our rights, and our democracy.”

Biden’s campaign did not immediately respond to a request for comment from Business Insider.

NBC reported that it capped off a productive fundraising period for Biden, whose campaign ended January with $56 million to Donald Trump’s $30 million. According to NBC, the DNC and RNC reported having $24 million and $9 million, respectively.

In his SOTU address, Biden lit into former President Trump as the likely GOP candidate for president and his Republican supporters while touting his own accomplishments with healthcare and prescription prices. He also took aim at the conservative-majority Supreme Court for its landmark dismantling of Roe v. Wade, promising that women nationwide would fight back at the ballot box.

Trump commented on Biden’s address on Truth Social, his social media website. Karoline Leavitt, a spokesperson for Trump’s campaign, said she was “more confident than ever that he will take back the White House in November.”

“President Trump’s campaign is fueled by small dollar donors across the country from every background who are sick and tired of Crooked Joe Biden’s record-high inflation, wide open border, crime and chaos,” Leavitt said in a statement to Business Insider.

Following the State of the Union address, Biden’s campaign launched a $30 million ad blitz on Saturday that underscored one of Biden’s key vulnerabilities: his age.

“Look, I’m not a young guy. That’s no secret,” Biden, 81, says in the ad. “But here’s the deal, I understand how to get things done for the American people.”

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