Joe Biden’s recent string of primary victories appears to have satisfied wealthy donors who were discussing the creation of a super PAC aimed at pushing Sen. Bernie Sanders out of the race. Instead, it appears they will hold off on engaging in an all-out assault on Sanders.
As recently as last week, a handful of big money donors, some of whom work on Wall Street, were contemplating creating a political action committee whose sole purpose would be to try to knock Sanders out of the race.
The proposed goal was to raise at least $20 million to pay for ads and operational costs, these people noted. A super PAC allows organizers to raise and spend unlimited amounts.