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WASHINGTON / NEW YORK (Reuters) – Democratic presidential candidate Joe Biden’s campaign raised far more funds than US President Donald Trump’s campaign in early October, leaving the former vice president with a significant monetary advantage down the line. end of the campaign.
Biden raised around $ 130 million (£ 99 million) during the October 1-14 period, roughly three times the roughly $ 44 million raised by the Trump campaign, according to disclosures filed Thursday with the Federal Election Commission.
With his advantage in fundraising, Biden spent more than twice as much as Trump during the period.
The Democrat’s political ads have become much more frequent on American television, with revelations showing that in the first two weeks of October, Biden spent at least $ 127 million on advertising, while Trump spent at least $ 45 million.
Biden seems willing to spend more than Trump in the remainder of the race.
About two weeks before the Nov.3 election, Biden had $ 162 million in the bank, compared to $ 44 million in cash for the Trump campaign.
Trump follows Biden in most national public opinion polls, but the contest seems closer in several states that could determine the winner.
Biden’s advantage in the race for the money is no guarantee of victory. Trump triumphed in the 2016 election despite spending more money than Democratic candidate Hillary Clinton.
(Reporting by Jason Lange in Washington and Grant Smith in New York; Edited by Raju Gopalakrishnan)
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