ATLANTA – 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.