Fundraising Event with Barack Obama, George Clooney, and Julia Roberts to Boost Biden's Campaign

SOURCE www.nbcnews.com
President Joe Biden's campaign plans a major fundraiser with Barack Obama, George Clooney, and Julia Roberts in Los Angeles to boost fundraising efforts, as Trump and the GOP aim to close the cash gap. Biden's campaign has had a cash advantage over Trump, allowing for infrastructure building in battleground states and hiring staff. The campaign is bracing for new campaign finance filings that may show Trump's campaign eating into Biden's financial advantage. Biden has seen significant spikes in small-dollar donations around major events. Obama has been a key part of Biden's fundraising efforts, helping generate over $17 million in small-dollar donations.

Key Points

  • Biden's campaign has had a cash advantage over Trump
  • Biden is bracing for new campaign finance filings that may show Trump's campaign eating into Biden's financial advantage
  • Obama has been instrumental in Biden's fundraising efforts

Pros

  • Boosts Biden's fundraising efforts
  • Engages grassroots donors with star-studded lineup

Cons

  • Facing competition from Trump and GOP in closing the cash gap