Joe Biden maintains big cash advantage in campaign's waning days

Former Vice President Joe Biden and aligned Democratic committees maintained a substantial cash advantage of more than $ 107 million over President Donald Trump and his political operation in the final weeks of the campaign, according to a new round of filings that capture last-minute fundraising and spending.

And the reports show Biden outspending the President in the campaign’s homestretch: Biden’s campaign alone brought in $ 130 million during the first two weeks of October and spent more than $ 145 million. That’s a spending rate of more than $ 10 million a day over the two-week period.
Trump, by comparison, raised nearly $ 43.6 million between October 1 and October 14 and spent $ 63.1 million, according to filings Thursday night with the Federal Election Commission.
    The President’s political operation has struggled to compete financially with Biden in recent months, and Trump has headed to high-dollar fundraising events to shore up his cash position in the waning days of the presidential campaign.
    On Thursday — just hours before the pair’s final confrontation on the debate stage — Trump made an appearance at a Nashville fundraiser that was expected to bring in $ 8 million for the campaign.
      The President insists, however, he has enough funds to prevail on Nov. 3 — as he did four years ago, despite being outspent by his then-rival Hillary Clinton.
      “We don’t need money,” Trump said during Thursday night’s debate. “We have plenty of money. In fact, we beat Hillary Clinton with a tiny fraction of the money that she was able” to raise.

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