Despite the obvious continual decline in President Joe Biden’s mental and physical faculties since taking office, and the public dislike of VP Kamala Harris, a massive flow of money is being directed toward Biden’s campaign for the White House in 2024.
Former President Trump has been and is the clear frontrunner among Republicans, and has been edging Biden out in polls of all Americans, yet funding for the Democratic ticket continues to climb massively.
Biden’s 2024 reelection effort continued its steady fundraising dominance in the third quarter of 2023, according to data published Sunday morning by the campaign, the Washington Examiner reports.
The Examiner continues:
The president’s campaign, the Democratic National Committee, and their joint fundraising committees hauled in $71 million in Q3, roughly 160% of former President Donald Trump’s take and 475% of Gov. Ron DeSantis’ total.
Biden heads into Q4 with nearly $91 million cash on hand, more than the expected total for the entire Republican primary field and the most cash on hand “by any Democratic candidate in history at this point in the cycle,” campaign officials claimed.
In total, more than 1.4 million people have donated to Biden so far this cycle, including 240,000 new donors who did not contribute in 2020.
“This quarter’s fundraising haul and historic cash on hand speak to the very real enthusiasm and support President Biden and Vice President Harris continue to build for their reelection bid,” Biden campaign manager Julie Chavez Rodriguez said in a statement.
“We are especially proud of our efforts to exponentially grow our grassroots donor base, now having over a hundred thousand Americans signed up to donate on a recurring basis from now until Election Day. These numbers are a testament to one of our core objectives early in this campaign: raise the resources needed to run an aggressive campaign that will win in November 2024.”
“The numbers speak for themselves: Americans know the stakes of next year’s election and are supporting Team Biden-Harris with the urgency that this election warrants,” DNC Chairman Jaime Harrison said. “While Republicans continue to raise less money and bleed costs in a divisive primary, we are building the infrastructure necessary”
Campaign officials say that, thus far, donations are being directed toward staffing out battleground operations, in addition to “the largest, earliest paid media campaign for a reelection campaign targeting the diverse coalition of voters we know we need to win.”
The Biden family finances have been underscrutiny ever since Hunter Biden’s international business dealings, including his father President Joe Biden, have been under investigation and charges.
The White House released the Biden’s tax returns last April which show earnings of $580,000 with the president’s salary being $400,000, saying the Biden’s finances have not changed, reports Reuters.
But the House Oversight and Accountability Chairman, James Comer (R-Ky) released the next month, in May, released bank record telling a different story.
In official statements, the committee says:
“The Oversight committe has obtained thousands of pages of financial records revealing the Biden familyand associates’ comlicated network of companies set up during Joe Biden’s vice-presidency and the millions the Bidens received form foreign sources.
“The financial records also reveal how the Bidens also used complicated transactions to hide payments from foreigh nationals, including CCP-linked associates, and provide clear indications of influence-peddling schemes during then-Vice President Biden’s tenure.”
The committe chairman continues:
“The Biden’s intentionally sought to hide, confuse, and conceal their influence peddling schemes, but bank records don’t lie. The Bidens made millions from foreign nationals providing what seems to be no services other than access and influence. From the thousands of records we’ve obtained so far, we know the Biden family set up over a dozen companies when Joe Biden was vice president.
“The Bidens engaged in many intentionally complicated financial transactions to hide these payments and avoid scrutiny. In at least one instance, the Biden CCP-linnked associates took steps to conceal the source of the payment to the Bidens.”
“The Biden’s foreign entanglements are breathtaking and raise serious questions about why foreign actors targeted the Biden family, what they expected in return, and whether our national security is threatened. We will continue to sursue additional bank records to follow the money trail and inform legislative solutions to prevent this type of corruption. Americans deserve answers, transparency, and accountability,” Comer stated.
Given the revelations that the Oversight committee is stating, the subterfuge involve in hiding funds of sources, and the massive lead in fundraising of the Democrats in regard to Joe Biden’s reelection, the questions arises of from where and who the massive amounts of money originate.
The ever-changing charges against Hunter Biden changed yet again when a judge removed one gun charge, AP reported this week.
U.S. Diatrict Judge Maryellen Noreika formally removed a gun-possession charge that is now replaced with a trio of charges including “violating measures against drug users haveing guns when he bought and kept a revolver for about 11 days in 2018,” ABC reports.
The post Biden Got Far Richer Than All GOP Combined In His Third Quarter appeared first on The Republic Brief.