Outgoing President Joe Biden is struggling to raise funds for his presidential library as major political donors are refusing to give to the 82-year-old Democrat out of anger over President Donald J. Trump’s landslide election victory. Notably, Biden’s approval rating is now lower than Trump’s following the January 6 Capitol riots. He has largely borne the brunt of the blame for the Democratic Party’s defeat in the 2024 presidential election.
Puck’s senior political correspondent, Tara Palmeri, highlighted the fundraising struggles for Biden’s library—an undertaking each former president takes on after their exit from the White House—on her podcast Somebody’s Gotta Win.
“People are really angry with him for pardoning Hunter, for the Democrats’ losses this year in the election, for running for re-election, for the fact that he took so long to drop out of the race and, in turn, did not set up his successor Kamala Harris for success,” Palmeri says.
She continues: “His team is having a really hard time raising money for his presidential library because of it. It is something that all presidents do, but it turns out Democratic donors are like, ‘Thanks but no thanks, we have Trump for a second term after you promised to be the defender of democracy and that you alone could beat him, but it turns out that was not the case.’”
Palmeri notes donors are also angry with Biden’s staff, who insulated him from scrutiny amid his cognitive decline. Biden’s poor mental condition was unquestionably revealed on national television during June’s presidential debate, where the octagenarian appeared confused and unable to articulate simple responses to moderator questions. […]
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