Democratic donors refusing to fund party until he exits

Democratic donors refusing to fund party until he exits

President Joe Biden is currently facing challenges from within his own party, as some wealthy donors, including Abigail Disney, heiress to the Disney family fortune, are threatening to withhold funding for the Democratic Party unless Biden drops out of the presidential race. Following a lackluster debate performance against former President Donald Trump, calls for Biden to step down have been mounting.

Abigail Disney, known for her philanthropic support of Democratic causes, stated that she will cease contributing to the party until a new candidate replaces Biden at the top of the ticket. She emphasized that the stakes are too high for Democrats to continue with a candidate who is struggling to gain momentum against Trump.

The Democratic Party as a whole has been in turmoil since Biden’s debate performance, with some prominent figures, like Rep. Lloyd Doggett, urging Biden to withdraw from the race. A recent New York Times/Sienna College poll showed Biden trailing Trump by 6 percentage points among likely voters, indicating a significant challenge for the incumbent president.

Abigail Disney pointed to Vice President Kamala Harris as a potential alternative to Biden, suggesting that she could effectively take on Trump in the upcoming election. She also highlighted the need for Democrats to unite behind a strong candidate in order to secure a victory.

Other major donors, such as Gideon Stein and Karla Jurvetson, have also expressed hesitation in continuing their financial support for the Democratic Party if Biden remains in the race. They believe that a new candidate is necessary to defeat Trump and are pausing their planned donations until a change at the top of the ticket occurs.

In conclusion, the discontent among wealthy donors within the Democratic Party reflects growing concerns about Biden’s ability to lead the party to victory in the upcoming election. The calls for him to step down and make way for a new candidate underscore the urgency of the situation and the need for a strong, unified front to challenge Trump in the race for the presidency.