Trump, Biden conserve cash ahead of fall battle | TheHill


Of the more than $43.6 million the former vice president brought in last month, he spent less than $13 million of it, giving him a burn rate of about 30 percent, according to the latest batch of Federal Election Commission filings released this week.

Trump, meanwhile, saw a less drastic drop in spending. His campaign alone raised just under $17 million in April, though it spent only $7.7 million of it — a burn rate of about 46 percent, his federal filings show.

The reason for the spending reductions is two-fold. The candidates are no longer spending money on expenses such as travel and venues for rallies and other events amid the pandemic. But at a time when economic uncertainty has at least somewhat disrupted the flow of donations to the campaigns.

Source: Trump, Biden conserve cash ahead of fall battle | TheHill

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