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‘Sorry, Donald’: Biden lashes out at Trump over campaign cash advance

Biden’s campaign said over the weekend that it had raised more than $53 million in February.

Washington:

Joe Biden may be struggling against Donald Trump in the polls ahead of November’s US presidential election, but his numbers look good in one area: campaign cash flow.

The Democrat holds a growing lead over his Republican rival in the fundraising stakes, while Trump is spending legal fees as he fights multiple criminal and civil cases.

The cash crunch has also given Biden, 81, a new line of attack on the campaign trail, as he mocks the self-made billionaire tycoon for his growing financial woes.

“The other day, a defeated-looking guy came up to me and said, ‘Mr. President, I need your help, I’m crushed by debt, I’m completely devastated.'” he said at a fundraiser in Dallas, Texas, on Wednesday.

“Donald, I’m sorry, I can’t help you,” Biden responded, in a punchline that drew laughter and applause from an audience of supporters.

Biden’s financial advantage could help calm Democrats’ nerves as America’s oldest president suffers record approval ratings less than seven months after his rematch with Trump.

Biden’s campaign had $71 million in cash on hand at the end of February, more than double Trump’s $33.5 million, according to filings with the U.S. Federal Election Commission released Wednesday.

The outgoing president’s campaign raised $21.3 million in February alone, again nearly double Trump’s $10.9 million. Biden, meanwhile, spent $6.3 million during the month, but Trump spent more – $7.8 million.

These numbers don’t give a complete picture of either candidate, however, as their various fundraising committee filings won’t be done until April.

Biden’s campaign said over the weekend that it had raised more than $53 million in February, leaving it with a “historic” total of $155 million, which it said is the highest amount ever by a Democrat at this point in the election cycle.

– ‘Dumpster fire’ –

Perhaps most worrying for Trump is his enormous legal bills, as he faces criminal charges, including for trying to overturn his 2020 election defeat and for keeping documents secret.

The lawyers’ bills amounted to the whopping $5.6 million spent in February by Trump’s political action committee to save America — money that otherwise could have gone to election campaigns and TV spots.

The figures add to Trump’s woes as he struggles to raise $464 million in bail to appeal a fine imposed by a New York court for fraudulently inflating his wealth.

The 77-year-old now faces having his assets seized, which would deal a humiliating blow to his carefully cultivated image as a self-made dealmaker and tycoon.

Trump has framed the fraud case as a “witch hunt,” seeking, as he often does, to use the lawsuits against him to whip up his supporters — and get them to open their wallets.

“I am calling on ONE MILLION pro-Trump patriots to step up and say: STOP THE WITCH HUNT AGAINST PRESIDENT TRUMP!” said a campaign message Wednesday.

The message was titled “KEEP YOUR FILTHY HANDS OUT OF THE TRUMP TOWER,” his flagship New York property that could be threatened by the lawsuit.

Earlier this month, Trump successfully posted a separate $91.6 million bond as he appealed a sexual assault and defamation judgment in a lawsuit filed by the writer new -Yorker E. Jean Carroll.

Biden’s campaign described Trump’s finances as a “dumpster fire.”

“Trump’s filings paint a bleak picture for Republicans,” Biden campaign spokesperson Ammar Moussa wrote Thursday.

But with a close election looming and Trump leading Biden in key states in recent polls, Democrats will try to keep their war chest as full as possible.

Biden will be joined at a fundraiser in New York on March 28 by Barack Obama and Bill Clinton, the first such event to bring together three Democratic presidents and among the most lucrative in the party’s history.

The gala is expected to raise $10 million for Biden’s campaign, with guests expected to pay $100,000 each to pose in a photo with the 42nd, 44th and 46th US presidents, NBC News reported.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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