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    28 months ago

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    At a fundraiser in New York City, the president appeared with Barack Obama, Bill Clinton, Mindy Kaling, and Queen Latifah — and collected at least $25 million from wealthy, celebrity-obsessed Democratic donors in the process.

    The answer to these questions will depend on two considerations: Whether Biden can maintain his current cash advantage, and how much influence TV ads can exert over voters’ perceptions of the race.

    Trump enjoys the goodwill of myriad billionaires; one of his upcoming fundraisers is expected to feature Wall Street tycoon Robert Mercer and fossil fuel magnate Harold Hamm.

    Earlier this month, he was forced to post a $91.6 million bond after a civil court found him liable for the sexual abuse and defamation of the writer E. Jean Carroll.

    Many conservative donors are reluctant to give to Trump, since they fear their contributions will go toward defraying a billionaire’s legal expenses, rather than advancing right-wing policy, according to both Bloomberg and the New York Times.

    Specifically, they found that, based on historical precedents, a Democratic presidential candidate who aired 100 more ads than their Republican adversary in a given market would expect to see their vote-share increase by 0.018 percentage points in that area.


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