Sources: Biden's campaign is facing a decline in donations, and the situation is extremely precarious

2024-07-12 17:46:07

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ChainCatcher news, according to a report by the Global Times citing the NBC News website, sources say that President Biden's campaign is facing a significant decline in donations, making the situation extremely dangerous.

Several sources stated, "The situation is catastrophic. Funding sources have dried up. This month, Biden's campaign fundraising from major donors may decrease by half or even more."

Another source indicated, "Donors are very passive. They had a call with the president. This call seemed unnatural to people, and I think they do not believe in him."

Reports suggest that Biden may receive the presidential nomination as early as July 21, without having to wait for the Democratic National Convention in August, thus ending the debate over whether he should run. The second debate between Biden and Trump is scheduled for September 10. The U.S. presidential election will be held on November 5.

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