Joe Biden may be struggling against Donald Trump in the polls ahead of November’s US presidential election but his numbers are looking good in one department campaign cash.
The Democrat holds a widening lead over his Republican rival in the fundraising stakes, while Trump is burning through legal fees as he battles multiple criminal and civil cases.
The cash crunch has also given 81-year-old Biden a new line of attack on the campaign trail, as he mocks the self-proclaimed billionaire tycoon for his mounting financial woes.
“Just the other day, a defeated-looking guy came up to me and said, ‘Mr President, I need your help, I’m being crushed with debt, I’m completely wiped out,'” he told a fundraising event in Dallas, Texas on Wednesday.
“Donald, I’m sorry, I can’t help you,” Biden said he responded, in a punchline that drew laughs and applause from an audience of supporters.
Biden’s financial advantage may help calm Democratic nerves as America’s oldest president suffers from record low approval ratings less than seven months from his rematch with Trump.
Biden’s campaign boasted $71 million of cash in hand at the end of February more than double Trump’s $33.5 million, filings with the US Federal Election Commission showed on Wednesday.
The incumbent’s campaign raised $21.3 million in February alone, again nearly double Trump’s $10.9 million. Biden meanwhile spent $6.3 million in the month but Trump spent more — $7.8 million.
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