What You’re Not Being Told About Joe Biden’s Fundraising

Media reports on the June fundraising totals would have you believe that Joe Biden “tops” or “beats” President Trump. However, whoever is running Joe Biden’s campaign better keep the corks in the champagne bottles, because the truth is June was a terrible month for Joe Biden and the Democrat Party.

Joe Biden was an anemic fundraiser throughout his primary battle. A report from Politico in October of 2019 said Biden was getting “crushed” in fundraising. It argued, “Obama and Clinton’s biggest donors favor Biden, yet he still can’t match his rivals’ cash flow.” According to the report, Biden had more big-money bundlers and donors from Obama and Clinton than any of his competitors. Now, as the presumptive nominee, the rest should presumably be in his corner now, as well.

However, during a primary, the value of big donors and high-dollar bundlers is greatly reduced by federal contribution limits — it was why Biden consistently struggled, and it was why Bernie’s grassroots dollars made him such a prolific fundraiser. Biden, along with every other candidate, was limited to receiving a maximum of $5,600 contribution from an individual or $11,200 from a couple. . .

This modest haul nonetheless required a substantial amount of effort. Joe Biden brought in the Democrat Party’s top fundraising heavy-weights: former President Barack Obama, Senator Elizabeth Warren, and Senator Kamala Harris. He also leaned on Hollywood elites such as Melissa Etheridge and Kristin Chenoweth to help prop up his fundraising. Some of the most prolific Democrat money-people all hosted events for Biden, as well. It appeared to be a truly Herculean effort.

The simple reality is that Joe Biden is failing to capture the enthusiasm of his own supporters, let alone the undecided voters whose support he will need in order to be successful in November. The reality of Biden’s predicament becomes even more dire when you realize this enthusiasm gap is reminiscent of the lukewarm feelings inspired by Mitt Romney and John Kerry, two of the most milquetoast candidates in the history of presidential campaigns. (Read more from “What You’re Not Being Told About Joe Biden’s Fundraising” HERE)

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