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Excerpt from pjmedia.comA few days ago, there were reports that some of Biden’s biggest donors were holding back, waiting to see how the Biden soap opera would play out. At that time, the Biden campaign was reporting that small-dollar donations (less than $200) were as strong as ever.
Six Democratic advisors and operatives who work with major donors told Politico that the money is beginning to dry up as the trickle of donors calling for Biden to step aside has become a wave.
“This is a massive, massive problem,” one of the operatives who work with major donors said. “Right now, we should be scaling up, doubling, and tripling our goals as we head into the fall. But we’re cratering.”
Some fundraisers have been canceled. Some donors have “threatened to withhold donations until the president drops out,” according to Politico’s sources, who were granted anonymity to discuss the issue.
