Biden campaign brings in $42 million in January, touts ‘historic’ cash-on-hand

That’s interesting news! In the context of political campaigns, cash-on-hand refers to the amount of money a campaign has at any given moment to cover its expenses. For a campaign to bring in $42 million in a single month and still have a ‘historic’ cash-on-hand means it’s successfully raising money at a rate that’s outpacing its spending. This kind of fundraising success can provide a campaign with the resources it needs to continue its operations, fund campaign ads, pay staff, and