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The Red, White, Blue & Green
Former vice president Joe Biden pulled in a cool $6.3 million in donations after announcing his bid for the presidency in 2020. But how does Biden's haul compare to the loot brought in by his Democratic rivals?
The cash haul that a presidential candidate can pull in during the first 24 hours of their campaign is usually a good indicator of their momentum heading into election season, and contains a few tells about the crowds they appeal to. With a crowded field of 20 candidates hustling for the Democratic dollar,
three heavy hitters have emerged.
Joe Biden
Biden's one-day haul of $6.3 million dollars puts him in first place. According to his campaign team,
96,926 donations made up the tally, giving an average donation size of $65. However, within hours of announcing his campaign, Biden was en route to Philadelphia, where he spoke at a fundraising event in the home of Comcast executive David L. Cohen, attended by bigwigs from the health insurance industry and powerhouse law firms.
Guests at the fundraiser were asked to cough up $2,800 to Biden's campaign, the maximum individual contribution allowed, and the 100 or so guests who showed up obliged,
giving Biden an estimated $750,000 for a 14-minute speech, the
Philadelphia Enquirer reported.
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