Biden and Trump: Fundraising and Polls Ahead of 2024 Election
As the 2024 US presidential election approaches, the competition between Democrat Joe Biden and Republican Donald Trump intensifies. This week, for the first time this year, Biden has overtaken Trump in national polls, according to FiveThirtyEight's average. This shift comes after Trump's guilty verdict in the Stormy Daniels case. However, Trump has outpaced Biden in fundraising, securing a significant $50 million contribution from millionaire Timothy Mellon, which boosted his campaign finances.
Trump's campaign raised $141 million in May, nearly double the $85 million recorded by Biden's political action committees (PACs). The Republican's super PAC alone raised $69 million, with significant contributions from Wall Street figures like Stephen Schwarzman of Blackstone. Despite Biden's consistent fundraising efforts, including a $28 million haul from Hollywood supporters, Trump's financial momentum poses a formidable challenge.
Key Swing States and Upcoming Debates
Polls in crucial swing states such as Michigan, Pennsylvania, and Wisconsin show Trump leading Biden by a narrow margin. An Ipsos poll indicates that Trump has a slight edge with 37% of the vote compared to Biden's 35%. These states are pivotal in determining the election outcome, making their polling data particularly significant.
The upcoming presidential debates are set to be historic. Biden and Trump have agreed to participate in a CNN debate on June 27 and an ABC News debate on September 10. These debates will feature strict rules, including muted microphones to prevent interruptions and no audience presence. These early debates aim to address the rise in early voting and provide voters with a clear understanding of the candidates' positions.
Both campaigns are preparing rigorously for these debates. Biden and Trump will stand at uniform lecterns, with their microphones muted except when speaking. The debates will be moderated by CNN anchors Dana Bash and Jake Tapper, and will be broadcast without commercial breaks.
As the election draws closer, the financial and polling dynamics between Biden and Trump will continue to evolve. The debates and the support from key financial backers will play crucial roles in shaping the final outcome.
- The financial dynamics of the campaigns underscore the importance of fundraising in modern elections. Trump's ability to secure large donations from influential figures like Timothy Mellon and Stephen Schwarzman highlights the significant role of wealthy backers in shaping political campaigns.
- The early debates, scheduled for June 27 and September 10, break from the traditional format by eliminating opening statements and commercial breaks. This change is designed to provide a more focused and uninterrupted discussion of the candidates' policies and positions.
- The polling data from swing states such as Michigan, Pennsylvania, and Wisconsin will be closely monitored as these states often determine the overall election outcome. Trump's current lead in these states, despite his legal challenges, indicates a highly competitive race.
