(Photo by MANDEL NGAN/AFP via Getty Images) Joe Biden and the Democratic National Committee have expanded their fundraising agreement to include 26 state parties as Democrats look to dent the Republicans’ money advantage and build a national campaign foundation heading into the November election.
The arrangement allows a new $620,600 maximum contribution that a single donor can give to party at one time. That’s up from the $360,600 cap under the first fundraising deal that the presumptive Democratic nominee signed with the party on April 24.
The included state parties can get a maximum of $10,000 from each donor, while Biden is capped at $5,600. The rest goes to DNC campaign and operating accounts.