President Joe Biden is now facing financial pressure to drop out of the race for president.
The New York Times reported Friday, “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,” the article continued.
It added, “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.”
The report comes as Biden is facing pressure to step aside following a disastrous debate performance in which his voice was coarse, he trailed off while answering questions, and claimed he “beat Medicare.”
Speaking to reporters on Thursday, Biden signaled he is not planning on dropping out of the race, saying, “I’m not in this for my legacy. I’m in this to complete the job that I started.”
“If I slow down and can’t get the job done, that’s a sign I shouldn’t be doing it, but there’s no indication of that yet, none,” he added.
