Washington, Jul 14 (AP) President Joe Biden and the Democratic National Committee raised more than USD 72 million for his reelection in the 10 weeks since he announced his 2024 candidacy, his campaign announced on Friday.

That is all the money raised between April 25, when Biden made his announcement, and the end of June, and includes donations to his campaign and to a network of joint fundraising arrangements with the national and state parties.

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By comparison, President Barack Obama raised USD 85.6 million during the April-to-June quarter in 2011 when he launched his campaign for a second term, though he announced his candidacy three weeks earlier that April than did Biden.

Biden, who has cleared the field of any serious rivals for for the Democratic nomination, has nevertheless been confronting persistent concerns from within the party about voter enthusiasm for an 80-year-old candidate.

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Biden's sum is more than double Donald Trump's during those three months, though the former president and other Republicans in the race are not jointly raising money with the GOP and therefore face lower federal contribution limits for top donors.

Biden's campaign did not detail the total raised directly by his campaign, which would allow a more direct comparison to the Republican candidates. That figure is set to be reported on Saturday to the Federal Election Commission.

"While Republicans are burning through resources in a divisive primary focused on who can take the most extreme MAGA positions, we are significantly outraising every single one of them -– because our team's strength is our grassroots supporters,” Biden campaign manager Julie Chavez Rodriguez in a statement.

The campaign said the total came from nearly 400,000 donors, and that 97 per cent of donations were under USD 200 and more than 30 per cent of donors had not given to Biden in 2020. (AP)

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)