Call Bejing! biden Struggling To Raise Enough Cash For Presidential Library
President Joe Biden is reportedly struggling to raise the capital required to establish a presidential library, The Wall Street Journal reported Wednesday.
Since Franklin Delano Roosevelt, former presidents have privately built libraries where their personal and presidential letters are stored. Now, Biden is allegedly running into challenges raising between $200 million and $300 million, which his allies think will be necessary for him to establish his own, according to the WSJ. (Shtuff happens! - DD)
The problem stems, in part, from Biden’s weakness as a fundraiser, with the president reportedly unwilling to partake in fundraising tactics such as inviting mega-donors to spend the night at the White House, the outlet reported. Some donors have stated they won’t make decisions until the result of the November election is clear, with some also noting continued animosity and confusion due to Biden’s early exit from the 2024 presidential race and his short-lived re-election…