Trump hosts fundraiser in Florida in funding match with Biden
The Peninsula
Washington: Donald Trump is holding a major fundraising event in Florida on Saturday, hoping to lay down a new marker in a swaggering, high stakes rac...
Washington: Donald Trump is holding a major fundraising event in Florida on Saturday, hoping to lay down a new marker in a swaggering, high-stakes race for large donations with Joe Biden.
While spending huge sums of money on campaigning may not be something to brag about in some countries, in the United States it's a source of pride for candidates.
And this year, raising big campaign bucks is as important as ever, with the November 5 presidential election expected to be the most expensive electoral cycle in the country's history.
The Republican former president and the Democratic incumbent have been locked in a battle to outraise each other in recent months, boasting about new cash raised in statements to the press.
Biden, 81, raised the stakes -- quite literally -- at the end of March, when a large dinner reception in New York brought him $25 million, a record haul, according to his team.
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