Grassroots Fundraising Hit Signals Trouble for Democrats
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The Democrat Party is apparently hurting for cash. Part of this is from shakeups and legal troubles among some of its top donors. But the most serious part isn’t necessarily the big donors. The more concerning point for the party is the small donors. These are a sounding board for public support and public enthusiasm. And it looks like the grassroots is drying up.
The big financing day for the Democrat Party this election season was when President Joe Biden launched his reelection campaign. But according to Politico, even this was cause for concern. Donations were much thinner than in 2020. The enthusiasm just isn’t the same. It said small donors at the federal level brought in $312 million in the first half of 2023. But that’s a drop of over $30 million compared to the lead-up to 2020. And it’s getting worse. By the second quarter, they lost 32 percent of their donors.
Meanwhile, the Republican National Committee debates are happening Wednesday. The main candidates for the Party will be discussing their policies. And former President Donald Trump is saying he won’t be there. Instead, he’ll be holding an interview at the same time with former Fox News host Tucker Carlson. Here to discuss with us on what to expect is former Virginia Rep. David Brat.
And in other news, packed away in the Inflation Reduction Act was actually the financing for President Biden’s Build Back Better agenda on energy. This included $369 billion in new green energy subsidies and other funds. And a big part of this agenda is electric vehicles. But those vehicles are now running into problems of their own. The market is heavily dependent on China, and energy-hungry cities in the United States are even limiting how people can recharge their batteries. Here to talk with us about this is David Blackmon, an energy writer and consultant who spent 40 years in the oil and gas business.
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