The Money Mess Biden Is Leaving for Fellow Democrats
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When President Joe Biden dropped out of the race, many thorny questions were left about what would happen in the campaign. Some of the thorniest are about money. There’s the $96 million his campaign has left in the bank and issues about who could use it. And whoever takes his place at the top of the ticket will still be at a steep financial disadvantage to Republican nominee Donald Trump.
Trump has seen a surge of billionaires’ donations since his unprecedented felony conviction in May. On the Democratic side, deep-pocketed donors had frozen their money to force the president out, while the Biden campaign outspent Trump by a 6-to-1 margin in a failed attempt to boost his sagging chances.