Biden’s Fundraising Operation Is Collapsing

Matt Vespa / Townhall Tipsheet 

 

When the megadonors said they would stop cutting checks unless Joe Biden dropped out of the race, you knew the impact would be significant. Apparently, other donors caught wind of the chaos and uncertainty that’s now engulfed the Democratic Party as lingering questions about Biden’s mental health dominate the national discussion. With Biden at the top of the ticket, threatening down-ballot races, and the overall circus ensued, people aren’t cutting checks to the president’s re-election campaign, whose fundraising numbers have cratered (via NBC News):

“President Joe Biden’s campaign has already suffered a major slowdown in donations and officials are bracing for a seismic fundraising hit, with the fallout from a debate nearly two weeks ago taking a sizable toll on operations, according to four sources close to the re-election effort. 

“It’s already disastrous,” one of the sources close to Biden’s re-election said of fundraising.

“The money has absolutely shut off” to the Biden campaign, another source close to Biden’s re-election said…Read more and see X here.