Biden campaign says it has $155 million cash on hand after raising $53 million last month

President Joe Biden's reelection campaign says it has $155 million cash on hand after raising about $53 million last month, giving the campaign a boost ahead of the 2024 election.

February was the strongest fundraising month for Biden since he launched his reelection bid in April 2023, according to The Hill.

"We’re proud of the record-breaking fundraising machine we’ve built that is going toward reaching the voters about the stakes of this election – to expanding our footprint in the states, investing in paid media, and having our principals barnstorm the country. And we’re just getting started," Biden campaign manager Julie Chavez Rodriguez said.

The latest publicly available fundraising data for former President Donald Trump, Biden's 2024 opponent, shows he has raised nearly $85 million as of Jan. 31, 2024, and he has more than $30 million cash on hand. It is unclear where Trump currently stands compared to Biden.

Regardless, Trump still appears to be ahead of Biden in most recent election polls, according to FiveThirtyEight. 

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