Biden Raises $53 Million As Trump's Campaign Goes Broke

President Biden managed to raise a staggering $53 million in the month of February alone, leaving him with about $155 million in campaign cash for the election. Meanwhile, Donald Trump's campaign is so broke that they are actually having to scale back his appearances because they simply can't afford them. Trump is also struggling to attract more donors, as most big money Republicans fear he'll simply use the money to pay his legal bills. Ring of Fire's Farron Cousins explains what's happening.

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*This transcript was generated by a third-party transcription software company, so please excuse any typos.

Well, folks, the numbers for February are in, and it turns out President Biden managed to raise a staggering $53 million in the month of February alone. Uh, Biden now along with his cash from the DNC has $155 million right now, not even including by the way, what he's made in March, $155 million in his campaign war chest, which is the most that any Democrat has ever had at this point in the campaign season. To make it even more remarkable, the money he raised in February the 53 million, uh, it was 562,000 contributions from 469,000 unique donors. And since he began running for reelection, in total, 97% of all individual donations were under $200. So Biden's not raising $53 million because the corporations are writing him huge multimillion dollar checks. He is raising this much money from those same people out there in the polls that are allegedly telling us that they're not gonna vote for Biden.

Huh? Something doesn't add up. Now we know that they can't misconstrue this, this money that they're raising, right? That is officially reported. It's verifiable. What's not verifiable Is the information coming out in these polls? Hmm? So which one are you gonna believe? You're gonna believe the verifiable data that shows that hundreds of thousands of people every month are giving less than $200 to President Biden? Or are you gonna believe the polls that have margins of error way outside the realm of possibility and the possibility of people just straight up lying to the pollsters? You know, those kinds of things. If you ask me, I'm gonna look at the money, and that is a very good indicator of where the public actually stands. Now, on the other side though, on the Republican side, how's Donald Trump doing? Uh, not good. Biden raised $53 million in February. As I said, Donald Trump raised 8.9 million, but he spent 11 million.

So, you know, a little bit of a deficit there. For the month of February, he's negative 2 million on the month and Biden's plus 53 million on the month. So I would think Biden is doing a little bit better. In fact, if you wanna know how bad Donald Trump is actually doing in the fundraising department, we have seen that he is actually having to make nice become friends with his former enemies. People like the club for growth. He has actually tried to mend those fences after attacking them forever. And of course they've been attacking him forever, but he needs their money, so he's begging them. He

Recently begged Elon Musk for money and Musk said, no, I will not give you anything. His financial problems are so bad that his campaign has said we're gonna cut back on the amount of rallies we're doing, you know, to, to save some money here. So he doesn't even have enough money to travel the country as much as he would like to. And of course, we all know the reason for that. He is spending more money on his legal fees than he is on campaigning. Little little note of, uh, irony here. Biden raised $53 million in February for the entire year of 2023. Donald Trump spent 54 million on his legal fees. So even though Biden had a staggering February, it still is not enough to cover Donald Trump's 2023 legal fees. And those legal fees are only gonna get worse as we head into trial season. Even though the New York trial's been pushed back, you know, a little bit, um, Trump's gonna spend more money on that.