Look Who Is Secretly Funding Biden

President Biden’s potential advantage in receiving substantial amounts of undisclosed donations from an external super PAC supporting his 2024 candidacy has just been discovered.

According to Fox, back in July, Biden’s team highlighted the Future Forward PAC as the primary external group gathering significant funds to aid his campaign. At that time, Future Forward claimed to have raised $50 million throughout the year.

However, it appears that this money is likely residing in its affiliated dark money nonprofit, Future Forward USA Action. The Future Forward PAC’s mid-year report indicates meager contributions, amounting to just $67,000 during the first half of the year. These funds originated solely from a vendor refund and in-kind donations provided by the nonprofit for staff time and overhead.

The Future Forward nonprofit, with undisclosed donors, has historically transferred tens of millions of dollars to the PAC for electoral activities, creating a situation where Biden’s candidacy could benefit from anonymous contributors, particularly as the nonprofit accumulates a significant cash reserve in the lead-up to the election.

Critics have pointed out the apparent hypocrisy in Biden’s reliance on dark money, despite his previous stance against it, claiming that it erodes public trust. Questions have arisen about the source of these large, anonymous donations influencing President Biden’s re-election.

This setup leaves the American public in the dark about the identities of those assisting the leading outside super PAC backing Biden’s 2024 campaign.

Previously, Fox News Digital reported that a considerable amount of cash passed through a network of nonprofits associated with the Arabella Advisors consulting firm, known for managing a billion-dollar dark money network. These actions further obscure the original donors.

Among these dark money groups, the Impetus Fund had largely flown under the radar, but tax documents revealed that it had 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 into the Future Forward PAC, accounting for more than 40% of the PAC’s $181 million raised during that period. Senior White House adviser Anita Dunn praised Future Forward for its effectiveness in the previous cycle, crediting their well-executed advertising and rigorous testing.

In summary, the undisclosed donations funneled through Future Forward USA Action have the potential to significantly impact President Biden’s re-election bid, raising concerns about transparency and the source of these funds.