Biden’s 2024 Re-Election Campaign Bleeding Donors Over Gaza

The April fundraising totals of President Joe Biden’s 2024 campaign fell behind those of his opponent Donald Trump for the first time since the former president intensified his joint operation with the Republican National Committee and hosted high-dollar fundraisers.

After Joe Biden halted arms shipments to Israel in support of its conflict with Hamas, donors who never before considered supporting Donald Trump are now contemplating cast their millions in his direction.

Four donors who contributed tens of millions of dollars during the 2020 election cycle have informed The Free Press that, now that they are aware of Biden’s stance on the Israeli conflict, they are reconsidering their contributions.

The Biden and Democratic National Committee campaigns reported raising over $51 million in April, which is less than the $90 million they raised in March and the $76 million reported by the Republican Party and Donald Trump for the month, according to the campaigns.

Since securing the Republican presidential nomination in March, Trump is now eligible to solicit contributions from the Republican National Committee.

The initial days of April witnessed a record-breaking $50.5 million in donations collected by Trump during an event at the residence of billionaire investor John Paulson in Palm Beach, Florida. Trump has proposed Paulson as a prospective Treasury secretary.

Trump out raising Biden

On Monday, the Save America entity affiliated with Trump filed a report with the Federal Election Commission detailing legal expenses exceeding $3.3 million for the month.

The April fundraising efforts of the Trump campaign were characterized as “extraordinarily remarkable” in light of the candidate’s near-daily confinement to a courtroom for the past four weeks in opposition to Biden’s trial, the campaign said in a statement.

More than five months remain until the November 5 election, and national polls tie Biden and Trump. However, recent polls indicate that Trump holds a slight advantage in the battleground states that will determine the outcome of the election.

The Telegraph reports that on economic issues such as inflation, Trump receives higher approval ratings from voters in general compared to Biden, which is causing concern within the Biden campaign.

Externally, the campaign exudes an aura of unwavering assurance. The organization consistently disparages Trump and the Republicans in its press releases and has allocated tens of millions of dollars towards advertising to support this position.

It disregards polling that consistently indicate the president’s weakness on a national level and, more significantly, in every pivotal swing state. Neither can the campaign assert with credibility that everything is in order, nor have they explicitly embraced the underdog status that the polls appear to bestow.

Biden continues to lag behind with less than six months until Election Day and only four months until early voting begins in three states. An unsuccessful candidate who gained the popular vote at this juncture dates back to 1992.

It is evident that Biden is challenging recent political events, considering Trump’s advantage in the Electoral College, which he likely retains even if he loses the popular vote by two to three percentage points, as he did in 2016.

Biden’s number dismal

Further examination of the data makes matters worse for him. At this time, Biden’s employment approval is at an all-time low for a first-term president. Approximately forty percent is where he stands, which is a tier below where Trump was at the same juncture.

Regardless of the advertising campaigns, positive media coverage, or gradual decline in inflation, his situation has not improved. Without a doubt, the campaign is cognizant of the fact that re-election for an American president has been unattainable with such dismal poll numbers, at least since Harry Truman in 1948.

This likely explains Biden’s unexpected gambit of challenging Trump to a June 27 debate. In general, incumbents avoid debates unless compelled to do so.

The explicit desire for a debate by Biden, which occurs prior to either candidate receiving official nomination from their party, indicates that he is cognizant of the fact that he is deeply trailing and must act swiftly to regain momentum.

Biden’s low favorability indicates that even a credible performance will not right the ship if Trump maintains his position. Biden must make a significant decision if the surveys continue to reflect this dismal state in early August, subsequent to a substantial debate and considerable additional expenditure amounting to tens of millions.

The party is unable to compel him to leave in accordance with the convention proceedings. Almost all the delegates will be secured for him, and they are frequently pledged to and elected directly by Biden. Therefore, Biden has the option to quit the ticket or not.