Biden campaign fundraising takes a major hit: 'It's already disastrous'
President Joe Biden’s campaign has already suffered a major slowdown in donations and officials are bracing for a seismic fundraising hit, with the fallout from a debate nearly two weeks ago taking a sizable toll on operations, according to four sources close to the re-election effort.
President Joe Biden’s campaign has already suffered a major slowdown in donations and officials are bracing for a seismic fundraising hit, with the fallout from a debate nearly two weeks ago taking a sizable toll on operations, according to four sources close to the re-election effort.
“It’s already disastrous,” one of the sources close to Biden’s re-election said of fundraising.
"The money has absolutely shut off," another source close to the re-election said.
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Two of the sources said this month is on a path to be down by possibly half — “or much more,” one of them said — from large donors alone. Sources emphasized that the donations were down across the board.
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