President Biden’s potential 2024 campaign could benefit from undisclosed donations coming from Future Forward, an outside super PAC. The organization has raised approximately $50 million this year, which is believed to be held by its affiliated dark money nonprofit, Future Forward USA Action. This arrangement allows anonymous donors to support Biden’s candidacy while the nonprofit retains a substantial amount of cash ahead of the upcoming election.
The Issue of Hidden Donors and Electoral Influence
By not revealing the identity of its donors, Future Forward’s nonprofit has a history of transferring large sums of money to the PAC for electoral purposes. This setup enables support from undisclosed benefactors, adding to concerns about the source of these massive anonymous donations influencing President Biden’s re-election. The situation is further complicated by a dark money network managed by the consulting firm Arabella Advisors, making it even more challenging to determine the original donors.
The Role of the Impetus Fund
Another dark money group, the Impetus Fund, has flown under the radar in the past but previously contributed $55.8 million to Future Forward USA Action during the last presidential cycle. Since the 2020 election, Future Forward USA Action has transferred $77 million to the Future Forward PAC. These transactions raise questions about the transparency and credibility of the funds supporting President Biden’s re-election.
Acknowledgement from the Biden Campaign
Future Forward received praise from the Biden campaign in the 2020 elections for its impactful advertisements and thorough testing. Senior White House adviser Anita Dunn recognized the super PAC’s role in supporting Biden’s campaign, indicating its significance in the current election cycle.
In closing, concerns arise over the lack of transparency regarding donors backing President Biden’s re-election through Future Forward’s affiliation with a dark money nonprofit. The undisclosed funds further complicate the financial landscape, leaving the American public unaware of the identities behind the main outside super PAC supporting Biden’s 2024 candidacy.
