Joe Biden’s campaign on Monday announced the presumptive Democratic presidential nominee and the Democratic National Committee teamed up to raise $80.8 million last month.
The fundraising haul for May ranks as their biggest monthly total to date, topping the $60.5 million that Biden and the DNC brought in during April.
“I’m in awe of this sum of money. Just a few months ago, people were ready to write this campaign off,” Biden said in a statement.
President Donald Trump and the Republican National Committee have not yet announced their May fundraising numbers ahead of a June 20 deadline when they must be disclosed. In April, Trump and the RNC brought in $61.7 million.
Biden’s fundraising news on Monday come after he tried to step up his campaign last week. He ramped up his rhetoric Wednesday, saying his “greatest concern” is Trump’s “going to try to steal this election,” and the former vice president on Thursday released a plan for restarting the U.S. economy following the lockdowns triggered by the coronavirus pandemic.
In a RealClearPolitics moving average of national polls as of Monday, Biden has an 8.1-point lead over Trump. Oddsmakers at Betfair say Biden now has better odds than Trump to win the November election. One investing strategist cut his S&P 500
target last week, citing increased odds that Democrats will get control of the White House and both chambers of Congress, as well as other factors.