A number of top Democratic donors said they will not open their checkbooks to the party’s 2024 campaign if President Joe Biden is still on the ballot.
Abigail Disney, the heiress who is the granddaughter of Roy O. Disney, who co-founded The Walt Disney Company and has given hundreds of thousands of dollars to PACs that support the Democratic Party, has shared for Biden to step aside.
“I intend to stop any contributions to the party unless and until they replace Biden at the top of the ticket,” Disney stated. “This is realism, not disrespect. Biden is a good man and has served his country admirably, but the stakes are far too high. If Biden does not step down the Democrats will lose. Of that I am absolutely certain. The consequences for the loss will be genuinely dire.”
Disney also recommended Vice President Kamala Harris to be the nominee, adding, “We have an excellent Vice President. If Democrats would tolerate any of her perceived shortcomings even one tenth as much as they have tolerated Biden’s (and let’s not kid ourselves about where race and gender figure in that inequity) and if Democrats can find a way to stop quibbling and rally around her, we can win this election by a lot.”
Disney in April 2022 went even more directly after the Florida Parental Rights in Education law and right-wing campaigns against woke corporations, writing that “The right wing has finally run amok” as a blurb.
Disney followed up on Twitter, elaborating: “Like all radical ideologues, the right wing has finally run amok and is coming to devour the hand that feeds it. Business. For my part I am delighted.”
Karla Jurvetson, another major Democratic funder who threw in over $30 million for Democrats this cycle and more than $5 million toward a 2024 bid said she would cease contributions until Biden resigned.
Gideon Stein, a donor to the group said he was holding back from contributing $3.5 million to nonprofits and political organizations linked with his presidential race if Biden does not withdraw as well.
“Joe Biden has been a very effective president, but unless he steps aside my family and I are pausing on more than $3 million in planned donations to nonprofits and political organizations aligned with the presidential race, with the exception of some down ballot work. Virtually every major donor I’ve talked to believes that we need a new candidate in order to defeat Donald Trump.”