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Joe Biden’s PAC Raised Millions for Midterms, But Kept Most in Coffers

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According to a Tuesday POLITICO report, former Vice President Joe Biden raked in a huge amount of money under the guise of 2018 midterm fundraising via his PAC, but kept most of the money in his PAC’s coffers.

“Biden’s PAC gave Democratic candidates just a quarter of the more than $2 million he raised and spent during the midterms,” the piece said. “At the same time, he spent half a million dollars on websites and digital ads that could help him bolster his online presence and raise money from small donors for a 2020 primary campaign, and more of his PAC funds went to travel and other expenses.”

As rumors swirl that Biden is preparing a 2020 presidential run, it looks as if he has been planning such a run for a while.

“Biden reported expenses marked as ‘digital consulting,’ ‘website development’ and ’email services,'” the reports said. “Much of that business went to Blue State Digital, a firm founded by former campaign staff to President Barack Obama.”

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An early Harvard/Harris poll had Biden leading a Democratic field, trailed closely by Sen. Bernie Sanders (I-Vt.) and failed U.S. Senate candidate Robert Francis “Beto” O’Rourke. Lagging behind in what will be a crowded field were Sens. Cory Booker (D-N.J.), Elizabeth Warren, (D-Mass.) and Kamala Harris (D-Calif.).

Since the poll was released, several other Democrats have publicly toyed with the idea of making a 2020 run. former Obama Housing Czar and San Antonio Mayor Julian Castro has formed an exploratory committee, the first official step towards running for president. Rep. Eric Swalwell (D-Calif.), famous for threatening to nuke American citizens if they rebelled against gun control laws, has openly discussed running. So has Rep. Tulsi Gabbard (D-Hawaii). Actress Angelina Jolie did not rule out a potential run, either.

Still, when polled more recently, Democrats preferred an unnamed potential candidate over any of the names mentioned.


Follow Peter D’Abrosca on Twitter: @pdabrosca

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