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Bill Ackman is donating $1 million to a PAC supporting Biden's challenger, Rep. Dean Phillips.
“On Tuesday, I will be sending $1 million to wedeserve.org, a political action committee supporting Dean's candidacy,” Ackman said. This is the largest investment I've ever made in a candidate for office, and I'm making this investment at high risk, but it's a critical moment for his campaign. ”
Billionaire investor Bill Ackman plans to donate $1 million to a political action committee supporting Democratic Rep. Dean Phillips of Minnesota, who launched a long primary campaign against President Biden last year. He said that.
In a lengthy post on Platform He added that he believed it. He said this week he would donate $1 million to the “We Deserve Better PAC.”
“On Tuesday, I will wire $1 million to wedeserve.org, a political action committee supporting Dean's candidacy. This is by far the largest investment I have ever made in anyone running for office. “I am making this high-risk investment at a critical moment for his campaign,” Ackman wrote to X.
Phillips is lagging far behind Biden in opinion polls as he campaigns for the nomination. According to RealClearPolitics' average Democratic primary poll, Mr. Biden has an approval rating of nearly 70%, followed by author Marianne Williamson at nearly 8% and Mr. Phillips at about 3%.
In a recent interview, he talked about what makes him different from Biden.
Q: You emphasized the age difference between you and Biden. What else is different?
A: “I think his relative powerlessness on the southern border is a tragedy for the Democratic Party and for the country. No one has a clear vision.”
“I've been there twice. This is a disaster. There's no question. We have to strengthen. And we have to create a buffer zone on both sides. And we have to reform refugee law. We have to, and we have to work together to make that happen.”
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