Biden announces $15 million ad buy after fundraising surge

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Biden announces $15 million ad buy after fundraising surge
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Joe Biden's presidential campaign on Tuesday announced $15 million in new spending on advertising, as the former vice president looks to capitalize on his polling advantage over Republican President Donald Trump ahead of the Nov. 3 election.

Democratic U.S. presidential candidate and former Vice President Joe Biden speaks about his economic recovery plan to revive the coronavirus-battered U.S. economy during a campaign event in New Castle, Delaware, U.S., July 21, 2020. REUTERS/Kevin Lamarque

The ad buy marks a sharp increase in spending by Biden, the presumptive Democratic nominee, who launched his first major advertising blitz in the second half of June but has seen a dramatic uptick in fundraising in recent months. “The campaign is also broadening its national cable buys on news and sports channels, including a presence on MLB’s opening games later this week,” it said, referring to the start of the U.S. baseball season.

Biden raised $63.4 million for his campaign in June, compared with Trump’s $55.2 million, outraising the incumbent for a second month running, according to Federal Election Commission filings published Monday.

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