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WASHINGTON (BLOOMBERG) – The chaotic presidential debate on Tuesday (September 29) produced a cash surge for Joe Biden from Democratic grassroots donors, who poured nearly US $ 10 million (S $ 13.6 million) into his campaign among the 9 pm and midnight.
Biden had his best fundraising hour of the campaign when the verbal brawl was winding down, raising $ 3.8 million between 10 p.m. and 11 p.m., according to a Biden campaign official, 85 percent of which It came from mobile phones.
The campaign received more than 215,000 donations in the three-hour period, said the official, who asked not to be named because he does not speak for the campaign. There were 60,000 first-time donors. The fundraising totals were first reported by Politico.
President Donald Trump’s campaign has not released figures on post-debate fundraising.
In August, Biden and the Democratic National Committee erased the financial advantage Trump’s re-election effort had during the campaign, raising a record $ 365 million and ending the month with $ 466 million in the bank.
The Trump campaign, the Republican National Committee and two joint fundraising committees that support both entities had $ 325 million in the bank.
The cash advantage has allowed Biden to spend far more than Trump did in September. The former vice president has spent nearly $ 170 million on advertising, including digital, during the month compared to $ 68 million for Trump’s campaign, according to Advertising Analytics.
Trump has cut advertising in some key states on the battlefield, while Biden has expanded spending in key markets.
The campaigns then report their fundraising and spending in detail to the Federal Electoral Commission on October 20, exactly two weeks before the November 3 election.
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