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Read more The Biden campaign is still optimistic that their cash total will be enough to get the candidate through the primary race. But according to a CNBC report , the outlook is more divided among Biden donors, with some remaining confident in Biden's abilities to pull through while others have doubts about the candidate's chances.
Biden donors' post-third quarter worries come as the Democratic donor class was already beginning to fret about Biden's prospects amid the ongoing Ukraine scandal, which has directly embroiled the candidate and son Hunter Biden. Though Trump and Rudy Giuliani have alleged corruption on the part of the Bidens, there is no evidence to support their conspiracy theory. Biden's disappointing current contribution total raises the stakes for his campaign as it enters the fourth quarter—and the Biden camp seems ready to ramp up its game.
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CNBC reported earlier in October that the campaign had recently held talks in Philadelphia with its top fundraisers and donors, during which it announced a big fundraising push ahead of Super Tuesday in March. Biden has fallen victim to Warren's strong campaign in recent weeks, after all, but he also managed to claw back his narrow lead in the polls after Warren briefly became the front-runner and so far hasn't taken a major polling hit over Ukraine. But Biden's fourth quarter fundraising could be a make-or-break moment, with major consequences if the campaign can't pull off its renewed fundraising push.