President Biden's re-election efforts are facing significant turbulence as prominent Democratic figures and major donors retract their backing, fearing he cannot secure a victory against former President Donald Trump.

Despite mounting pressure to step aside, Biden's campaign maintains that he will continue as the Democratic nominee, even as insiders such as former Bill Clinton advisor Paul Begala declare that the walls are closing in on the president, as Fox News reports.

Paul Begala Predicts Biden Campaign in Trouble

The pessimistic forecast stems from CNN political commentator Begala. According to Begala, Biden's chances for re-election are rapidly diminishing. He projected that Biden's campaign effectively "is almost over."

Begala shared insights from his conversations with various stakeholders, including senators, representatives, major donors, activists, and party chairs. "I've been talking to a lot of people," he said. "I think I‘ve come across one who is still ridin’ for Biden."

Moreover, Begala emphasized the seriousness of the situation by stating, "So the walls are closing in." He likened the predicament to asking Nancy Pelosi, "Jesus, take the wheel," reflecting the urgency and desperation among Biden's supporters.

Senior Democrats Quietly Urge Biden to Withdraw

A significant faction within the Democratic Party is calling for Biden to step down from the race. Notably, prominent leaders such as former House Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer have met privately with Biden, urging him to withdraw from the re-election bid.

Begala stressed that Biden "has to" heed this advice due to the dire state of his presidential campaign. The underlying issues extend to the financial aspect of the campaign, which has seen major liberal donors and celebrity backers withdrawing their financial support.

Begala noted that the situation "comes down to money, maps and polls. The money has dried up."

Financial Shortfall Hits Biden's Campaign

Reports indicate that key donors are holding back a staggering $300 million. Begala pointed out, "I can tell you that I raised money for a lot of super PACs. It has dried up. Donors are on strike."

The significant financial shortfall adds to the already growing list of challenges faced by Biden's campaign. As major donors withhold their support, the campaign struggles to maintain momentum and fund outreach efforts.

Biden's base of support is also eroding. He’s losing traction not only in Democratic strongholds but also among swing-state voters, critical for a successful re-election bid.

Compounded Challenges from Swing-State Voters

Begala elaborated on the deteriorating electoral map, stressing the urgency of the situation. Swing states that were once considered Democratic strongholds are now uncertain. He mentioned the New York lieutenant governor's assessment, highlighting the unpredictability: "The maps are deteriorating so fast that the lieutenant governor of New York says it's now a swing-state."

Begala even suggested that historically blue states like New Jersey and Minnesota are at risk. "People talk about losing New Jersey. Minnesota and the polling is terrible, especially in the swing states," he said, underlining the gravity of the polling data.

Biden Campaign's Defiant Response

Amidst the escalating pressure, the Biden campaign remains steadfast in their position. According to Quentin Fulks, a spokesperson for the campaign, Biden has no intention of abandoning his bid for a second term. "Our campaign is not working through any scenarios where President Biden is not at the top of the ticket. He is and will be the Democratic nominee," Fulks declared.

This firm stance showcases the campaign's resolve despite the daunting challenges. However, the persistent calls from within the Democratic Party for Biden to step down illustrate a growing concern about his viability as a candidate.

Conclusion

In summary, President Biden's re-election campaign is encountering severe difficulties, as Democratic leaders and major donors withdraw their backing amidst fears that he cannot win a matchup against former President Trump.

Paul Begala, a notable CNN commentator and political strategist, has openly stated that the campaign is floundering. Prominent figures like Nancy Pelosi and Chuck Schumer have urged Biden to exit the race, though his campaign remains adamant about continuing.

Financially, the campaign is suffering, with significant sums of money being withheld by donors. Issues with voter support and deteriorating maps in key states add further complications. As of now, the Biden campaign maintains that he will stay in the race, undeterred by the mounting challenges.