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Revealed: Super PAC Supporting Biden Withholds $90 Million from Donors

Donors to a super PAC supporting President Joe Biden have reportedly withheld around $90 million in donations, raising concerns about the group's financial stability. Learn more about the reasons behind this development and its potential implications for Biden's political future.

Saturday, July 13, 2024 Revealed: Super PAC Supporting Biden Withholds $90 Million from Donors

Donors Withhold $90 Million from Pro-Biden Super PAC, Raising Concerns for 2024

Washington, D.C. - Donors to Unite the Country, a super PAC supporting President Joe Biden, are reportedly withholding roughly $90 million in donations, raising concerns about the organization's ability to support the president's reelection bid in 2024.

Sources close to the super PAC told The Washington Post that the donors are expressing frustration with the organization's perceived lack of focus and the slow pace of disbursements to support the president's political agenda. They also cited concerns about the PAC's leadership and its ability to effectively target and persuade voters.

Unite the Country was formed in 2019 as a vehicle to support Biden's presidential campaign. It raised a substantial amount of money during the 2020 election cycle, becoming one of the largest super PACs in support of any candidate.

But since Biden took office, Unite the Country has been criticized for its handling of funds. The Post reported that the organization had spent only a fraction of its war chest, raising questions about its long-term viability.

The group's leadership has defended its spending practices, arguing that it is being strategic in its disbursements and is focused on supporting Biden's agenda. However, the withholding of donations has cast doubt on whether the organization will be able to play a significant role in the 2024 election.

According to The Post, several major donors have already withdrawn or frozen their contributions to Unite the Country. The donors include labor unions, environmental groups, and wealthy individuals.

The loss of funding is a major blow to Biden's reelection prospects. Super PACs have become increasingly important in recent elections, providing candidates with a way to raise and spend unlimited amounts of money on behalf of their preferred candidate.

The fundraising challenges faced by Unite the Country are likely to embolden Biden's potential Republican challengers in 2024. The former president, Donald Trump, has already announced his candidacy and has a significant head start in terms of fundraising.

The Republican National Committee has also been raising substantial sums of money in anticipation of the 2024 election. The RNC is on track to break fundraising records this cycle, further putting pressure on Unite the Country and other Democratic fundraising groups.

The withdrawal of donations from Unite the Country is a significant development with major implications for the 2024 presidential election. It remains to be seen how the organization will respond to these challenges and whether it will be able to regain the support of its donors.


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