President Biden's campaign funding might slow to a trickle if he stays in the race ... at least according to a 6-figure donor who says democratic supporters are analyzing poll numbers and reacting.
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00:00My understanding is you've donated at least 100 grand a year to the Democrats.
00:10What is going on right now in those circles?
00:13I actually don't think it's a very high concern of Biden, nor should it be that, you know,
00:19if he remains the nominee, donors like me, and I'm relatively small in the grand scheme
00:23of things, but, you know, we're just all, you know, he's going to run out of money because
00:27we close our checkbooks.
00:28I want to be very clear that, yes, there is a revolt among donors, but that is not because,
00:36you know, we're clutching our pearls or panicking or anything like that.
00:40We are just very, very unemotionally looking at what the American people are saying, what
00:45the polls are saying.
00:47And I just heard this morning, they're even worse.
00:49The internal private polls within the Democratic Party are, quote, disastrous.
00:55And that's from one of the top Democrats in the country is a close friend of mine.
00:58So I think Biden's odds of winning, if he sticks in in the race, I think are down to
01:04maybe 15 percent.
01:06Not impossible, but it would take a miracle.
01:08And I think if Democrats, there's an opportunity here to switch and Democrats can materially
01:13increase their chances of winning and also having a much better president who's physically
01:19and mentally able to do the job for the next four and a half years.
01:22It seems like very important people around him, Nancy Pelosi, formerly then Barack Obama
01:31and others, even Chuck Schumer.
01:34It sounds like they are gently making the case.
01:38What are you hearing?
01:39I think if you held a secret ballot today among all Democrats in the Senate and the
01:44House, 80 percent, not 100 percent, but 80 percent would want Joe Biden to step aside
01:51as the nominee.
01:53And that's with with love and respect.
01:56And we all believe he's been an incredible president, incredible public servant for 52
02:00years.
02:01Nobody, not even his supporters, think he can last another four and a half years as
02:05president.
02:06And and most importantly, we we want to beat Donald Trump and save save the country from
02:13what we view every single one of us views as an existential threat and a four year national
02:19nightmare.