【Biden is in a bad situation, the presidential library has almost no donations】
Biden is in a tough spot. According to tradition, U.S. presidents usually establish a presidential library after leaving office as a memorial, but so far, Biden's plan has been severely blocked, with almost no donations.
According to The New York Times, the Biden Library Foundation stated in a document that they received no donations in 2024. As for whether they have raised funds this year and how much, the foundation did not disclose more information, only stating that Biden had just started fundraising, and now they only have the $4 million seed money left from when he took office in 2021.
The foundation further stated that they are planning to raise $11.3 million by the end of 2027, but this number is far lower than the $2 billion target set during Biden's presidency. Due to the difficulty in fundraising, the future of Biden's library is full of uncertainty. It is reported that the Biden team is considering the possibility of merging the library project with related memorial plans of his alma mater.
It is worth mentioning that Democratic donors have shown a cold response to Biden's library, some directly refused to donate, while others said they would only make symbolic contributions. Morgan, a Florida lawyer and long-time supporter of Biden, said he would not donate a penny to Biden's library.
The reasons why donors are unwilling to give generously are many, including not wanting to offend Trump, wanting to reserve financial resources for the Democratic Party's future, and some blaming Biden for the current difficulties of the Democratic Party.
Compared to Biden's library fundraising problems, Obama has raised $1.5 billion so far, and Trump plans to raise more than $950 million for his own library before leaving office.
Original article: toutiao.com/article/1851475313714249/
Statement: This article represents the views of the author alone.