Joe Biden has access to over three times as much cash as Donald Trump and the Republican National Committee (RNC) have combined, according to a new revelation.

In the 2024 presidential contest, which will include both current and previous presidents, Biden's campaign will have a significant financial edge.

Also read:&nbsp;<a data-ctorig="https://www.wionews.com/world/donald-trump-mocks-biden-with-white-house-senior-living-campaign-video-679457" data-cturl="https://www.google.com/url?client=internal-element-cse&amp;cx=006054055338965708568:09spwrlibei&amp;q=https://www.wionews.com/world/donald-trump-mocks-biden-with-white-house-senior-living-campaign-video-679457&amp;sa=U&amp;ved=2ahUKEwi34fjKkLyEAxWQSmwGHeWLANcQFnoECAIQAg&amp;usg=AOvVaw0BIPougD8OxPb8Oe7dd7X4" dir="ltr" href="https://www.wionews.com/world/donald-trump-mocks-biden-with-white-house-senior-living-campaign-video-679457" target="_blank">Donald Trump mocks&nbsp;Biden</a>

Although Biden's campaign was able to raise over $42 million in January of 2024, bringing their cash on hand to about $130 million prior to the election, Trump and the RNC have not yet released the amount of money they raised in January of the same year.

Biden's fundraising experienced a notable surge after the Republican primary season commenced, with the campaign reporting a noteworthy achievement of raising $1 million for three consecutive days following the Iowa caucus, which saw Trump registering a significant victory.

When comparing the financial scene, Biden seems ready to surpass his predicted Republican opponent by a significant amount.

Also read:&nbsp;<a data-ctorig="https://www.wionews.com/world/trump-too-old-for-re-election-but-biden-more-so-us-poll-653920" data-cturl="https://www.google.com/url?client=internal-element-cse&amp;cx=006054055338965708568:09spwrlibei&amp;q=https://www.wionews.com/world/trump-too-old-for-re-election-but-biden-more-so-us-poll-653920&amp;sa=U&amp;ved=2ahUKEwjP6-nnkLyEAxW5SmwGHX7RC34QFnoECAYQAg&amp;usg=AOvVaw2rBYR2rY7gCJUmvnWzjYUS" dir="ltr" href="https://www.wionews.com/world/trump-too-old-for-re-election-but-biden-more-so-us-poll-653920" target="_blank">Trump&nbsp;too old for re-election, but&nbsp;Biden&nbsp;more so: US poll&nbsp;</a>

In the final quarter of 2023, Trump's campaign reported raising $19 million, with $33 million in available funds. Federal Election Commission filings show that the RNC had $8 million in cash on hand during that same period.

Biden's campaign takes dig at Republicans

Biden's campaign manager, Julie Chavez Rodriguez, took a swipe at Trump and Republicans, suggesting they are either "spending money fighting Donald Trump or spending money in support of Donald Trump's extreme and losing agenda." She emphasised the strategic use of resources to build a winning operation that engages voters on the crucial aspects of the election.

Also read:&nbsp;<a data-ctorig="https://www.wionews.com/world/us-elections-trump-calls-biden-not-too-old-but-incompetent-636676" data-cturl="https://www.google.com/url?client=internal-element-cse&amp;cx=006054055338965708568:09spwrlibei&amp;q=https://www.wionews.com/world/us-elections-trump-calls-biden-not-too-old-but-incompetent-636676&amp;sa=U&amp;ved=2ahUKEwiJt5P_kLyEAxUIcGwGHWPtDpU4FBAWegQIARAC&amp;usg=AOvVaw3vLzA5DCG7Q7ZwstXRSRWN" dir="ltr" href="https://www.google.com/url?client=internal-element-cse&amp;cx=006054055338965708568:09spwrlibei&amp;q=https://www.wionews.com/world/us-elections-trump-calls-biden-not-too-old-but-incompetent-636676&amp;sa=U&amp;ved=2ahUKEwiJt5P_kLyEAxUIcGwGHWPtDpU4FBAWegQIARAC&amp;usg=AOvVaw3vLzA5DCG7Q7ZwstXRSRWN" target="_blank">US Elections:&nbsp;Trump, 78, calls&nbsp;Biden, 80, 'not too old', but 'incompetent'</a>

Since announcing his intention to run for reelection in April of last year, Biden's campaign has reported raising $278 million in total, with 97 per cent of the 3 million donations coming from contributions of less than $200.

<meta name="generator" content="quillbot-pphr" /><meta name="generator" content="quillbot-pphr" />Amidst his legal fights, Trump and his campaign struggle

On the other hand, Trump and his campaign are facing legal issues and financial difficulties. Trump's campaign raised more than $60 million in the most recent election, claiming to have $200 million in cash on hand.

His present proposal, however, is characterised by tens of millions of dollars being spent on legal bills, along with fines exceeding $438 million for filing fraudulent financial statements and defamation.

With campaign finances proving insufficient to satisfy these fines, a GoFundMe website has raised more than $600,000 to help Trump with his financial obligations.

Watch:&nbsp;Republicans focus on Biden's key vulnerability ahead of polls

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Even if Trump files for bankruptcy, legal experts predict he may still need to sell assets to pay off his $450 million debt from fraud and defamation claims.

(With inputs from agencies)

Joe Biden has access to over three times as much cash as Donald Trump and the Republican National Committee (RNC) have combined, according to a new revelation. In the 2024 presidential contest, which will include both current and previous presidents, Biden's campaign will have a significant financial edge.

Joe Biden has access to over three times as much cash as Donald Trump and the Republican National Committee (RNC) have combined, according to a new revelation. In the 2024 presidential contest, which will include both current and previous presidents, Biden's campaign will have a significant financial edge. Also read: Donald Trump mocks Biden Although Biden's campaign was able to raise over $42 million in January of 2024, bringing their cash on hand to about $130 million prior to the election, Trump and the RNC have not yet released the amount of money they raised in January of the same year. Biden's fundraising experienced a notable surge after the Republican primary season commenced, with the campaign reporting a noteworthy achievement of raising $1 million for three consecutive days following the Iowa caucus, which saw Trump registering a significant victory. When comparing the financial scene, Biden seems ready to surpass his predicted Republican opponent by a significant amount. Also read: Trump too old for re-election, but Biden more so: US poll In the final quarter of 2023, Trump's campaign reported raising $19 million, with $33 million in available funds. Federal Election Commission filings show that the RNC had $8 million in cash on hand during that same period. Biden's campaign takes dig at Republicans Biden's campaign manager, Julie Chavez Rodriguez, took a swipe at Trump and Republicans, suggesting they are either "spending money fighting Donald Trump or spending money in support of Donald Trump's extreme and losing agenda." She emphasised the strategic use of resources to build a winning operation that engages voters on the crucial aspects of the election. Also read: US Elections: Trump, 78, calls Biden, 80, 'not too old', but 'incompetent' Since announcing his intention to run for reelection in April of last year, Biden's campaign has reported raising $278 million in total, with 97 per cent of the 3 million donations coming from contributions of less than $200. Amidst his legal fights, Trump and his campaign struggle On the other hand, Trump and his campaign are facing legal issues and financial difficulties. Trump's campaign raised more than $60 million in the most recent election, claiming to have $200 million in cash on hand. His present proposal, however, is characterised by tens of millions of dollars being spent on legal bills, along with fines exceeding $438 million for filing fraudulent financial statements and defamation. With campaign finances proving insufficient to satisfy these fines, a GoFundMe website has raised more than $600,000 to help Trump with his financial obligations. Watch: Republicans focus on Biden's key vulnerability ahead of polls × Even if Trump files for bankruptcy, legal experts predict he may still need to sell assets to pay off his $450 million debt from fraud and defamation claims. (With inputs from agencies)

Joe Biden holds triple the cash of leading Republican contender Trump for 2024

US President Joe Biden has hinted that he might run for the post again in 2024. Following the Democrats' above-average performance in the midterm elections, Biden said at a post-election press conference that he intends to seek another term, but that it was ultimately a “family decision”.

“I think everybody wants me to run, but we’re going to have discussions about it,” Biden told reporters. He said that he will talk with his family over the holidays and announce his decision “early next year”.&nbsp;

Also Read |&nbsp;<a href="https://www.wionews.com/world/indian-americans-script-history-in-us-midterms-with-record-wins-re-elections-532993">Indian-Americans script history in US midterms with record wins, re-elections</a>

Even though the Republicans hold the edge in the elections with all the votes yet to be counted, the Democrats have managed to avoid a red wave&nbsp; predicted by experts. The Georgia Senate race is heading to a runoff and will decide who controls the chamber. In the current situation, Democrats still have a chance to take control of the Senate.&nbsp;

Biden is still expected to face problems if at all he decided to run for president as his approval rating, going into the midterms, hovered around 39 per cent. As per exit polling conducted by Edison Research, two-thirds of voters had said they don't want to see Biden seeking a re-election in 2024. Over 40 per cent of Democrats and 90 per cent of Republicans were part of the poll.

Tuesday's results might have a positive effect on Biden and even among party members who had been apprehensive about him.

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&nbsp;

“Our intention is to run again,” Biden said. “That’s been our intention regardless of what the outcome of this election was."

Biden's team has already started working on a potential campaign. Anita Dunn, senior White House adviser, said during an Axios event last week, “We are engaged in some planning for the simple reason that if we weren’t engaged in planning in November of this year, we should be in the political malpractice Hall of Fame."

A Washington Post-ABC poll puts Biden’s current approval rating at 43 per cent among registered voters.&nbsp;

(With inputs from agencies)

&nbsp;

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US President Joe Biden has hinted that he might run for the post again in 2024. Following the Democrats' above-average performance in the midterm elections, Biden said at a post-election press conference that he intends to seek another term, but that it was ultimately a “family decision”.

US President Joe Biden has hinted that he might run for the post again in 2024. Following the Democrats' above-average performance in the midterm elections, Biden said at a post-election press conference that he intends to seek another term, but that it was ultimately a “family decision”. “I think everybody wants me to run, but we’re going to have discussions about it,” Biden told reporters. He said that he will talk with his family over the holidays and announce his decision “early next year”. Also Read | Indian-Americans script history in US midterms with record wins, re-elections Even though the Republicans hold the edge in the elections with all the votes yet to be counted, the Democrats have managed to avoid a red wave predicted by experts. The Georgia Senate race is heading to a runoff and will decide who controls the chamber. In the current situation, Democrats still have a chance to take control of the Senate. Biden is still expected to face problems if at all he decided to run for president as his approval rating, going into the midterms, hovered around 39 per cent. As per exit polling conducted by Edison Research, two-thirds of voters had said they don't want to see Biden seeking a re-election in 2024. Over 40 per cent of Democrats and 90 per cent of Republicans were part of the poll. Tuesday's results might have a positive effect on Biden and even among party members who had been apprehensive about him. × “Our intention is to run again,” Biden said. “That’s been our intention regardless of what the outcome of this election was." Biden's team has already started working on a potential campaign. Anita Dunn, senior White House adviser, said during an Axios event last week, “We are engaged in some planning for the simple reason that if we weren’t engaged in planning in November of this year, we should be in the political malpractice Hall of Fame." A Washington Post-ABC poll puts Biden’s current approval rating at 43 per cent among registered voters. (With inputs from agencies)

'Our intention is to run again': Biden hints at another shot at White House

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Joe Biden holds triple the cash of leading Republican contender Trump for 2024

'Our intention is to run again': Biden hints at another shot at White House