Former President Barack Obama has jumped into the 2020 election and is raising millions for his former Vice President, Joe Biden.
Obama brought in three million dollars for Biden during a virtual event held on Thursday. Despite Obama’s initial reluctance to endorse Biden, he is officially in with Biden.
The donations ranged from $50,000 to $250,000 segments. These are donations from ultra-rich 1%’ers who see Biden as the guy who will represent their interests in the 2020 election.
Obama is a significant asset for Biden as his connections give Biden access to many of Chicago’s ultra-rich philanthropists.
As the race heats up and more political events are held, former President Obama will play a huge role in Biden’s campaign.
Democrats are hoping that Obama’s support will boost Biden as he tries to appeal to the same voters who handed Obama the White House in 2012. Obama’s name and connections will be a big part of taking back the White House.
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