Biden, Democrats plan beefed-up 50-state fundraising strategy to overwhelm GOP rivals

[BumRushDaShow]

Source: CNBC

President Joe Biden and the Democratic Party have put together a 50-state joint fundraising strategy in a bid to give him an overwhelming financial edge over his potential Republican challenger. Biden’s joint fundraising committee, the Biden Victory Fund, is now raising campaign cash with all 50 state Democratic Party committees, along with Washington D.C.’s local committee, the president’s campaign told CNBC.

The nationwide effort is shaping up to be larger than the strategy used during Biden’s 2020 run for president, when the same fundraising operation raised over $600 million and doled out millions of dollars to 47 Democratic state parties, according to data from the nonpartisan OpenSecrets. The Biden committee also helps raise money for the Democratic National Committee.

A senior DNC official told CNBC that the Biden Victory Fund, in addition to all of the state committees they worked with in 2020, will also be fundraising with committees from Iowa, California, South Dakota and Illinois. Those four state committees did not fundraise with the Biden Victory Fund in 2020, according to OpenSecrets. The Biden team said the new effort represents the first time a candidate for president has joint fundraising agreements with every state party, along with D.C.

“While MAGA Republicans burn cash in their primary, competing for whose agenda is the most extreme, the President’s campaign will be capitalizing on the opportunity to raise significant resources that will help expand on our winning 2020 Biden coalition,” Julie C. Rodriguez, Biden’s 2024 campaign manager, said in a statement to CNBC.

Read more: https://www.cnbc.com/2023/05/24/biden-democrats-fundraising-plan.html

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[murielm99]

1. A 50-state strategy, like Dean's?

I hope this is effective.

[peppertree]

2. The problem isn't so much the 50 states or not - it's the Repugs' god-damned dark money

Narcos, Saudis, terrorists, Russians, vulture funds - you name it.

The world's basket of deplorables.

[pandr32]

3. Yup.

It flows and we wind up with horrible people who should never be in office.

[peppertree]

4. +1

The statement of our times.

[BumRushDaShow]

5. I think compared to 2020

if ALL of the state Democratic parties are coordinating the fundraising activities, then there would hopefully be fewer issues when it comes to our Senatorial or Gubernatorial races, where there were complaints about not enough attention or funding spent on the NC race or the WI race, and were instead plied into some of the more difficult states like FL. And then you had the mess in NY where we lost 6 seats in the House, which should have never happened.

Unfortunately you do have some turf battles that go on with state parties so if they can even do this "agreement" it helps. Hopefully it will hold because it has GOT to! We need all hands on deck.

[Cha]

6. Love our Real Dems!! Ty

[summer_in_TX]

7. It's necessary. But it sucks money out of state elections, especially

in long-shot red states like Texas where deep investment is badly needed.

The statehouses are where a lot of the anti-democracy actions are taking place and Dems need to run strong candidates in every state in every race feasible.

For one thing, the more Dems on the ticket at all levels, the more voter excitement on our side and the higher the turnout.