They aren’t getting the same amount of donations.
President Joe Biden’s reelection campaign is facing significant challenges with fundraising, according to sources close to the effort. Reports indicate a sharp decline in donations following a recent debate, leading to concerns about the campaign’s financial stability. Sources within the campaign described the situation as “disastrous,” noting that contributions have dramatically decreased, particularly from major donors.
Criticism has arisen regarding a national fundraising call where donors reportedly found the interaction contrived and lacking in substantive engagement. Despite an initial uptick in donations immediately after the debate, the momentum quickly waned. Biden’s campaign spokesperson, Lauren Hitt, disputed claims of declining fundraising, highlighting strong grassroots support in the early days of July and continued high-dollar contributions.
However, doubts persist among some donors and fundraisers about the campaign’s strategy and its alignment with the political reality. Concerns have been voiced about Biden’s optimism regarding polling data and the campaign’s perception of its own standing against former President Donald Trump. Some donors have expressed skepticism about Biden’s cognitive abilities and the campaign’s overall awareness of public sentiment.
The campaign remains optimistic about retaining major donors and is reportedly planning additional fundraisers to bolster financial support. Despite internal doubts and external challenges, Biden’s team is determined to navigate these obstacles as they prepare for the upcoming election.
Amy Goldman Fowler, a significant donor, reaffirmed her support for Biden, citing admiration for his administration’s accomplishments and her confidence in his reelection bid. Her statement reflects ongoing support amidst the broader challenges facing the campaign’s fundraising efforts.
