Biden campaign spent nearly $30 million in March alone

President Joe Biden's campaign has begun putting its formidable war chest to work hoping to capitalize on an apparently significant financial advantage over the Trump campaign, according to its latest filing with the Federal Elections Commission (FEC).

Between direct contributions and joint fundraising committees, Biden raised $43.8 million in March, with the latter accounting for roughly half of the sum, Politico reported. He managed to end the month, moreover, with a substantive $85 million in cash on hand.

This came despite a major uptick in campaign spending. Last month, Biden's campaign spent $29.2 million, up from the mere $6.3 million he spent one month prior. The bulk of the expenditure, $21.8 million, went toward ad purchases and production, the outlet reported. Another $2.3 million went toward payroll, with the campaign adding approximately 50 personnel in March.

Earlier this month's Biden's campaign indicated it had $192 million to put toward the president's reelection, between its own war chest and those of fundraising committees and the Democratic National Committee.

By contrast, the Republican National Committee and Trump campaign announced that they had raised a collective $65.6 million in March and had $93.1 million available between them, roughly half the funds of their Democratic rivals.

Despite the significant fundraising gap, however, Republicans remain optimistic that their own fundraising will both improve with the arrival of new leadership and prove sufficient to compete with Democrats. Former RNC Chairwoman Ronna McDaniel stepped down last month and was replaced by former North Carolina GOP Chairman Michael Whatley. Trump's daughter-in-law, Lara Trump, assumed the position of co-chairwoman.

"Our campaign, working together with the RNC, has been steadily ramping up our fundraising efforts, and our March numbers are a testament to the overwhelming support for President Trump by voters all across the spectrum," Trump campaign co-manager Susie Wiles said at the time.

But Trump is unlikely to be the only Republican facing well-funded Democratic opponents. The Democratic Senatorial Campaign Committee told Politico on Monday that was planning a $79 million ad blitz to bolster support for incumbent Democrats facing reelection in battleground states in a bid to keep the GOP from reclaiming the Senate.

Ben Whedon is an editor and reporter for Just the News. Follow him on X, formerly Twitter.