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Joe Biden Raises Record Amount of Donations of $ 364 Million

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Presidential candidate Joe Biden and his Democratic Party raised a record amount of donations in August. According to his campaign team, this is more than 364 million dollars.

 

Former Vice President Biden calls the amount raised “overwhelming”. He said citizens who transfer small amounts account for more than half of the donations.

“More than 205 million, some 57 percent of the money we raised, came through online donations from people like you who contribute $ 5, 10 or 20 at a time.”

The previous record for the most considerable monthly amount of donations was held by President Barack Obama, Biden’s former political boss. He raked in $ 193 million in September 2008, according to US media.

Candidates use the donations to help finance their election campaigns. Biden was asked by journalists what exactly he will do with the hundreds of millions he receives from supporters. “Shall we go out for dinner?” He joked according to news site Politico.

The Democrat’s rival, President Donald Trump, also has a well-stocked war chest. The president and his Republican Party raised $ 165 million in July, more than the Democrats. It is still unclear what amount Trump received in August.

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