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Live Election Updates: Donors Said to Freeze Roughly $90 Million as Long as Biden Stays in Race
The New York Times ^ | Jul 12, 2024 04:52 PM | Shane Goldmacher, Chris Cameron, Michael C. Bender, Annie Karni, Katie Glueck, Michael Gold, Neil Vi

Posted on 07/12/2024 10:01:50 AM PDT by E. Pluribus Unum

It’s one of the most concrete examples yet of the fallout from President Biden’s poor debate performance.

The cash freeze deals a blow to Biden’s campaign. Here’s the latest.

Some major Democratic donors have told the largest pro-Biden super PAC, Future Forward, that roughly $90 million in pledged donations is now on hold if President Biden remains atop the ticket, according to two people who have been briefed on the conversations.

The frozen contributions come as he had hoped to turn the page on a weekslong crisis within his party following a nearly hourlong news conference on Thursday evening. That appearance — in which he delivered a few gaffes but also demonstrated a command of foreign policy — did not immediately seem to worsen Democrats’ fears about his viability, but it also did not silence the calls for him to drop out. After he was done speaking, three more House members joined the ranks of elected Democrats calling for Mr. Biden to end his campaign.

Here’s what else to know:


(Excerpt) Read more at nytimes.com ...


TOPICS: Crime/Corruption; Government; Politics/Elections
KEYWORDS: biden
The New York Times is a Potemkin news source. Every word it publishes is projection. Article presented for entertainment purposes only.

WARNING: This article contains thirteen bylines, meaning it contain thirteen times the normal number of lies.

1 posted on 07/12/2024 10:01:50 AM PDT by E. Pluribus Unum
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To: E. Pluribus Unum
$90 million is a dollop in the bucket.

Substantial, but not a deal breaker.

2 posted on 07/12/2024 10:23:21 AM PDT by Carry_Okie (The tree of liberty needs a rope.)
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To: E. Pluribus Unum

“…demonstrated a command of foreign policy — “

Yeah right.

“Demonstrated a command…” isn’t a phrase anybody on this earth would use in relation to Joe Potato besides a servile cringing boot licking leftist ideologue .


3 posted on 07/12/2024 10:23:53 AM PDT by TalBlack (I We have a Christian duty and a patriotic duty. God help us.)
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To: E. Pluribus Unum

So the donors call the shots.


4 posted on 07/12/2024 10:24:07 AM PDT by alternatives?
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To: Carry_Okie

Technically, if not donated specifically to biden, they can be donated to the new candidate and not face FEC constraints.


5 posted on 07/12/2024 10:39:31 AM PDT by pfflier
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To: Carry_Okie

The Bidens can cash in on more than a few favors to make up for that loss.


6 posted on 07/12/2024 10:40:54 AM PDT by princeofdarkness
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To: E. Pluribus Unum

China and Russia can make up the difference overnight.


7 posted on 07/12/2024 10:44:43 AM PDT by gitmo
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To: pfflier

7 authors for this story. Wth is that?


8 posted on 07/12/2024 11:01:36 AM PDT by gibsonguy
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To: All

Unless swing state leaders come out for replacement, nothing is going to change. Has any democrat Governor or Senator in a swing state or Representative of a key swing district declared Biden must go? If not, it’s all just a DC parlor game.


9 posted on 07/12/2024 1:07:04 PM PDT by newnhdad (Our new motto: USA, it was fun while it lasted.)
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To: E. Pluribus Unum

The Lt. Gov., at 6’8,” towers over the Hairsniffer-In-Chief, who is not a shiry man. https://www.postnewsgroup.com/garlin-gilchrist-ii-stands-tall-as-michigans-first-black-lt-governor/


10 posted on 07/12/2024 1:56:47 PM PDT by PghBaldy (12/14/12 - 930am -rampage begins... 12/15/12 - 1030am - Obama team scouts photo-op locations.)
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To: E. Pluribus Unum
All these donors are doing now is making it look like they're not donating to a potato while they reroute their donations to somewhere else in the Democrat-Socialist machine.

Uncle Junior might be going senile but the "glorified crew" will still pick up the weekly collections.



11 posted on 07/12/2024 1:57:32 PM PDT by T.B. Yoits
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