Biden Calls Out Trump’s Affinity for Hedge Fund Billionaires
President Biden Criticizes Trump’s Fundraiser as a Symbol of Elitist Politics
According to published article of nypost, In a sharp jab at former President Donald Trump President Biden took aim at the high-dollar fundraiser Trump hosted over the weekend, pointing out the presence of “a bunch of hedge fund billionaires” at the event. Biden highlighted the irony of Trump courting wealthy donors who he claimed sought cuts to programs like Social Security and Medicare while pushing for tax breaks. The fundraiser held at hedge funder John Paulson’s opulent Palm Beach mansion with tickets ranging from $250,000 to $814,000 drew attention to the stark contrast in fundraising approaches between the two political camps.
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From Star-Studded to Hedge Fund Heavy: Biden Criticizes Trump’s Donor Scene (PHOTO: New York Post)
Biden Champions Grassroots Funding Amidst Trump’s Lavish Donor Events
However Biden didn’t miss the opportunity to tout his own campaign’s fundraising success particularly emphasizing the grassroots support his campaign has received. With a March fundraising report boasting an impressive $90 million intake Biden highlighted the significance of small-dollar donations underscoring the strength of his base with 1.6 million individual donors over half a million of whom have joined since 2020. While not explicitly addressing the high ticket prices of his recent New York City fundraiser which raised over $25 million and featured star-studded appearances Biden’s focus on grassroots support provided a stark contrast to Trump’s reliance on wealthy donors.
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