Donors to Pro-Biden Super PAC Are Said to Withhold Roughly $90 Million

SUMMARY

Several major Democratic donors have informed the pro-Biden super PAC, Future Forward, that around $90 million in pledges are on hold if President Biden continues his campaign, following his poor debate performance in June. This funding freeze includes multiple eight-figure commitments. Future Forward, which is postponing major strategic decisions until the ticket's uncertainty is resolved, has already announced $250 million in TV and digital ad reservations starting after the Democratic National Convention. The cash freeze affects both the super PAC and its nonprofit arm, running ads in key battleground states. Despite these financial setbacks and growing calls for him to step aside, Biden remains confident in his ability to govern and win the election.