Before Biden dropped out, his campaign burned through 93% of cash raised in June
Briefly

Joe Biden's campaign spent $243 million through June, depleting funds with a $50 million ad blitz before his poor debate performance, leading to pressure and his withdrawal.
His campaign faced a fundraising freeze as Democratic donors hesitated due to concerns about his mental acuity, while Trump's lean operation left him with $128 million in July.
Read at Fortune
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