Sources told The New York Times that some major Democratic donors threatened to withhold around $90 million from a pro-Biden super PAC if he stays in the race:
The two people briefed on the frozen pledges declined to say which individual donors were pulling back promised checks, which were estimated to total around or above $90 million. It was not clear how much of the pledged money was earmarked for Future Forward’s super PAC versus its nonprofit arm, which has also been running advertising in key battleground states. The super PAC has been shying away from making major strategic decisions until it gets clarity on who will be atop the ticket, according to a separate person close to the group.
Future Forward didn’t comment on the situation.
However, a Future Forward advisor said “the group expected contributors who had paused donations to return once the current uncertainty about the ticket was resolved.”
Well, Biden’s weird big boy press conference did just enough to keep him in the race. That’s still good news for Trump and the Republicans.
Another donor said Future Forward approached him many times but confirmed “he and his friends had been ‘holding off.'”
A Future Forward poll after the debate showed four Democrats performed better than Biden as a replacement against Trump.
Plenty of those evil wealthy people have told Biden to step aside. 20 Democrats in Congress told him to do the same thing.
I bet the donors come back soon. I doubt Biden drops out. Democrats will find a way to win in November. They won’t let 2016 happen again.
Unless the Democrats want to so they can play victim and find a way to destroy Trump while he’s in office since they failed in his first term.
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