Official announcement from Joe Biden or his campaign

Democratic Donors Withhold $90 Million from Future Forward Over Biden's Candidacy

Jul 12, 2024, 03:13 PM

Major Democratic donors are reportedly withholding approximately $90 million in pledged donations to Future Forward, the largest pro-Biden super PAC, if President Joe Biden continues his candidacy. The New York Times reports that this financial freeze is due to concerns among donors about Biden's viability as a candidate. Democratic donors have expressed frustration over Biden's refusal to step aside, which they believe is causing campaign funds to dry up. This development highlights a significant challenge for Biden's re-election campaign as he faces mounting pressure from within his own party.