President Joe Biden is now facing financial pressure to drop out of the race for president.
The New York Times reported Friday, âSome 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.â
âThe 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,â the article continued.
It added, âThat appearance â in which he delivered a few gaffes but also demonstrated a command of foreign policy â did not immediately seem to worsen Democratsâ 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.â
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 âbeat Medicare.â
Speaking to reporters on Thursday, Biden signaled he is not planning on dropping out of the race, saying, âIâm not in this for my legacy. Iâm in this to complete the job that I started.â
âIf I slow down and canât get the job done, thatâs a sign I shouldnât be doing it, but thereâs no indication of that yet, none,â he added.
