The role that money plays in US elections is obscene. As a result, the strength of a campaign is not only measured in terms of poll numbers but also in terms of how much money is raised and spent by each candidate, which in turn influences the polls.
The Biden campaign is currently in a little bit of financial trouble in that the amount of money it has in hand is far less than that of his main rivals Bernie Sanders and Elizabeth Warren, even though the contributors to the Biden campaign are big money contributors. As a consequence, despite his vow not to take money from lobbyists and Super PACs, his wealthy supporters and lobbyists are forming a Super PAC to fund his campaign, as Lee Fang reports, funded by wealthy people who are concerned about people like Bernie Sanders and Elizabeth Warren winning the nomination and (Oh, the horror!) even the presidency.
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