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Biden Challenger Secures Significant Backing in Election Race

via Team Coco
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Billionaire investor Bill Ackman is donating $1 million to a political action committee supporting Rep. Dean Phillips, who is challenging President Biden for the Democratic nomination.

Ackman believes Phillips has a credible path to the nomination and views him as a strong potential president.

“On Tuesday, I am wiring $1 million to, a political action committee that supports Dean’s run. This is by far the largest investment I have ever made in someone running for office, and I am making this investment at a high-risk, but critically important moment for his campaign,” Ackman said.

Phillips is currently trailing far behind Biden in polls.

He has highlighted differences with Biden, particularly on the issue of inactivity on the southern border.

“You have highlighted the age difference between yourself and Biden. What are the other areas where you differ?” Phillips was recently asked.

“His relative inactivity on the southern border, I think, is tragic for the Democratic Party and for the country,” Phillips said.

“The first order of business for a president is to provide security and there’s just no perspective whatsoever that anybody can make that is manifest at the southern border.”

“I’ve been there twice. It’s a disaster. There’s no question. It has to be hardened. And we have to create buffer zones on each side. And we have to reform our asylum law and we have to work together to do it.”

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