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Will Biden Withdraw Before August Democratic Convention? - BetOnline.net

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Will Biden Withdraw Before August Democratic Convention?

July 9, 2024

The Debate's Impact on Biden's Campaign

Performance Issues

President Joe Biden's performance in the June 27 debate against Donald Trump has raised concerns about his mental fitness. During the debate, the 81-year-old appeared confused and exhausted, leading to doubts about his capability to serve another term.

Voter Confidence

An Ipsos poll showed a drop in voter confidence regarding Biden's mental fitness, falling from 28% to 20% post-debate. This shift has intensified existing dissatisfaction with Biden's handling of key issues like inflation, the Gaza war, and immigration.

Poll Shifts

  • Brookings Institution Analysis: Trump gained an average of 3.5 points after the debate, increasing his lead from 1.5 to 3.5 points over Biden.
  • Ipsos Poll: Post-debate voter support for Biden and Trump tied at 40%.

Calls for Biden to Step Aside

Democratic Representatives

Five House Democrats have called for Biden to withdraw:

  • Seth Moulton (Massachusetts)
  • Lloyd Doggett (Texas)
  • Raul Grijalva (Arizona)
  • Mike Quigley (Illinois)
  • Angie Craig (Minnesota)

Internal Party Discussions

A virtual meeting convened by House Minority Leader Hakeem Jeffries discussed pressuring Biden to step down.

Will Biden Withdraw Before the Democratic Convention?

Current Odds:

  • No: -300
  • Yes: +200

Potential Scenarios if Biden Withdraws

Nomination Process

If Biden steps down before the August 19-22 Democratic National Convention, the party could nominate another candidate.

The 25th Amendment provides a mechanism for removing a president deemed unfit, requiring a declaration from the VP and a majority of Congress, followed by a two-thirds majority vote if contested.

Kamala Harris as a Replacement

Vice President Kamala Harris is a straightforward replacement, inheriting Biden’s campaign funds, but her approval ratings are similarly low.

Potential Candidates

CandidateCurrent RoleVoter Support (Ipsos)
Kamala HarrisVice President43%
Gavin NewsomGovernor of California39%
Gretchen WhitmerGovernor of Michigan36%
JB PritzkerGovernor of Illinois34%
Josh ShapiroGovernor of Pennsylvania57% (Siena College)

Donor Influence

Financial Pressure

Donors play a significant role and some have called for Biden to step down, including former PayPal CEO William “Bill” Harris. Harris leads a group pledging $2 million for debates among potential Democratic candidates. Hollywood producer Damon Lindelof has urged fellow donors to withhold donations until Biden steps down.

Major Donors' Stance

Currently, the Biden campaign’s biggest donors, such as Future Forward USA Action and venture capital firms Greylock Partners and Sequoia Capital, have not called for his resignation.

Conclusion

President Biden has firmly rejected calls to step aside, emphasizing that the voters have chosen him. He has challenged Democratic elites to contest his nomination at the upcoming convention. Whether Biden will withdraw remains uncertain, but the pressure from within his party and external donors continues to mount.

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