Progressive political action organizations pledged to spend hundreds of millions in support of President Joe Biden and the Democratic Party in 2024. But they aren’t breaking the bank just yet.
Between April 15 and April 20, political committees registered with the Federal Election Commission filed financial disclosures covering their fundraising and spending activities. These new filings show that nine groups, who have previously committed to spending close to $800 million in support of Democrats, held about $80.7 million in cash on hand at the end of March.
