The Biden campaign has been scathing about the Palm Beach fundraiser, characterising the Trump operation as dependent on donations from billionaires in the hours before it went ahead.
In a message to supporters on Saturday, Mr Biden said: “Donald Trump is down in Florida today raising money from a bunch of hedge fund billionaires who want him to cut Social Security and Medicare and give them tax cuts.”
Describing the election battle as “Scranton versus Palm Beach”, the former Delaware senator claimed: “Our campaign is a grassroots movement made up of nurses and teachers.
“Meanwhile, Donald Trump is collecting cheques from a couple of billionaires who are looking for a tax cut.”
Seven months out from an election, Mr Trump’s campaign has been hamstrung by his soaring legal bills, fighting off primary challengers, and disorganised fundraising efforts.
Even if Mr Trump manages to equal the Democrat’s war chest, he will still have massive liabilities as he fights four criminal cases on election interference, hush money payments and mishandling of state secrets. The first trial begins in Manhattan on April 15.
Two Trump fundraising committees, known as PACs, spent $55.6 million on legal bills in 2023.
Steven Cheung, the Trump campaign’s communications director, said: “Our digital online fundraising continues to skyrocket, our major donor investments are climbing, and Democrats are running scared of the fundraising prowess of President Trump.”
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