Biden authorizes another $18 million to help elect House and Senate Democrats
CBSN
President Biden is authorizing the Democratic National Committee (DNC) to transfer $10 million to House and Senate Democratic campaign committees and is pledging to help raise $8 million for party candidates, a senior party official familiar with the plans tells CBS News.
The president's decision to distribute the money — which he can authorize as the head of the Democratic Party — comes as he continues to play a more muted public role in electing Democrats, compared to previous presidents crossing the two-year mark of their first term. But Mr. Biden has proved to be an effective fundraiser, holding events in recent weeks in California, New York, New Jersey, Massachusetts and Pennsylvania and another big fundraiser scheduled for next week in Florida.
The plan is to distribute $5 million each to the Democratic Senatorial Campaign Committee and Democratic Congressional Campaign Committee, meaning the DNC has transferred a total of $27 million so far this cycle.