Fox News reports that the presidential campaign of Democratic nominee Joe Biden has a big financial advantage over the campaign of President Donald Trump.
As we shall see, however, the last person who is worried about this is Trump himself.
The home stretch
Both the campaigns of Trump and of Biden have recently released their campaign funding numbers, and many were surprised to see that the president is trailing significantly.
Whereas Trump 2020 reported a total of $325 million in the bank, team Biden is sitting on $466 million. That’s roughly a $140 million lead for Biden.
Considering that this money is used for everything from running advertisements to grassroots outreach, it would appear that there are good reasons for Trump 2020 to be worried. But, they’re not, and for a pretty good reason.
It’s no different
President Trump appeared on Fox News on Monday where, among other things, he discussed the fact that his campaign is trailing Biden’s financially.
“They’ve always had more money than the Republicans,” said Trump. “It’s sort of a funny thing. We have a lot, but … look, when I ran against crooked Hillary, I had 25% of the money that she had and nobody ever talked about that.”
It’s true. Clinton massively outspent Trump back in 2016, and we all know the outcome there.
“My father taught me if you can do something and win for less, that’s a good thing, not a bad thing,” Trump said. “I actually got criticized after I won the election. They said, ‘You know, you didn’t have the money, didn’t raise as much money as her.’ Yeah, but I won.”
“We have a lot of money too”
Fox Host Brian Kilmeade asked Trump whether he would consider using his own money for the campaign. Trump said that he would, but that he doesn’t need to. “We have a lot of money too,” Trump said.
The president also stated that, if necessary, he could call “rich people” for money. But, Trump added that he has never done it and that he doesn’t plan on starting now:
I could raise all the money I want, I just don’t want to be obligated to people. That’s not my thing. And we don’t need the money.
Indeed, that’s one of the things that voters love most about the president, that he could get up there and speak without having to please his big-money sponsors. Biden, clearly, is a different story . . .