Democratic Donors Freezing Pledges for Future Forward Super PAC

SOURCE dnyuz.com
Major Democratic donors have put $90 million in pledged donations on hold if President Biden remains atop the ticket due to concerns about his viability to win in November. Future Forward, the pro-Biden super PAC, is facing a potential shortfall in cash as donors question Biden's leadership.

Key Points

  • Major Democratic donors have put $90 million in pledged donations on hold over concerns about President Biden's viability.
  • Future Forward, the pro-Biden super PAC, is facing a potential cash shortfall as a result.
  • Advisers are discussing strategies to persuade Biden to exit the race amidst growing calls for him to step aside.
  • The super PAC had tested the strength of potential Biden alternatives in a leaked poll after the debate.

Pros

  • Donors are actively engaging in the political process by expressing concerns about the current leadership.
  • Future Forward is maintaining transparency by not commenting on specific donor conversations.
  • The super PAC is expected to resume fundraising efforts once there is clarity about the Democratic ticket.

Cons

  • The frozen pledges may impact the super PAC's ability to fund its planned advertising campaigns.
  • There is growing discontent among some congressional Democrats regarding President Biden's candidacy.