One massive money problem Democrats could have if they replaced Biden

Published June 28, 2024 3:22pm ET



As Democrats grapple with President Joe Biden’s poor performance on the debate stage Thursday night, some are wondering if and how he could be replaced, but campaign finance laws might stand in the way of that.

The campaign to reelect Biden has fundraised no small amount of money — it has $195 million on hand as of the last time campaign funds were reported. Despite the poor performance, Biden’s campaign is reporting it raised $14 million through online fundraising the night of the debate and the following morning.

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