A first-of-its-kind fundraiser in the works with Bill Clinton, Barack Obama and Biden

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WASHINGTON — President Joe Biden’s campaign is trying to organize a first-of-its-kind fundraiser that officials hope will be profitable and grab headlines, but also energize Democratic voters who have so far Didn’t show enthusiasm for the party’s 2024 ticket, according to four people familiar with the planning.

The idea is for three Democratic presidents — Biden, Bill Clinton and Barack Obama — to appear together at a fundraiser this spring, the four people familiar with the discussions said.

Discussions are underway to coordinate the presidents’ agendas, although no date has been set, these people said. Two sources familiar with the discussions said the fundraising was likely to take place in March or April.

The plan confirms the widespread belief among Biden’s allies that the party needs a comprehensive approach to help it win a second term. It’s also just one of a growing list of ways Democratic leaders and the Biden campaign are preparing for the general election they see as having the highest stakes.

The Biden campaign did not respond to requests for comment. Spokesmen for Clinton and Obama declined to comment.

The Biden campaign has shifted in recent days to a general election stance — earlier than the president’s aides expected. Their prediction has long been that former President Donald Trump will be Biden’s opponent this fall after the Republican primary process ends. But that moment came this week, Biden aides later concluded Trump wins in New Hampshirewho followed him Winning in Iowa.

As a result, the campaign is ramping up recruitment, especially in hotly contested states, and intensifying its focus on voters whose support it believes will determine the November election, officials said. For example, Biden has tailored recent events to suit Black voters, including Saturday in South Carolina. Vice President Kamala Harris on Saturday in Nevada kicked off a series of small events with Latino voters.

The president’s travel schedule – which has already accelerated – will accelerate further, such that he will be out of the country at least two days a week, according to Biden officials.

“It would be very aggressive,” one White House official said.

The Biden campaign is also preparing to launch a multimillion-dollar ad campaign aimed at drawing comparisons with Trump, according to two people familiar with the plans. One source said it could start with Biden’s State of the Union address in early March.

This past general election fight also requires additional campaign funds.

The overarching goal of the fundraiser where Biden, Clinton and Obama share the stage is to raise a large sum of money, two people familiar with the discussions said. The event is expected to bring in donations large and small.

But the Biden campaign also hopes the presidential trio will help mobilize the party’s base.

“There is a real focus and urgency on making sure we beat Trump,” a Biden adviser said. “Everyone is participating. This kind of event this early is just the latest evidence of that.”

If the campaign considers the fundraiser a success, a second one could be held later in the year, one of the people familiar with the discussions said.

What Democrats see as a partisan show of force, however, could be viewed differently by some voters who helped Biden win in 2020, such as moderate Republicans. Clinton and Obama were a magnet for the Republican Party, and Clinton has faced criticism from some Democrats in recent years over her handling of sexual misconduct allegations against him in the 1990s.

However, both Clinton and Obama remain very popular among Democrats. They are more popular Democratic leaders than Biden, although former presidents generally tend to enjoy higher approval from Americans than the current president.

One potential warning sign for Biden is that his approval rating in the third year of his presidency during his re-election campaign is minimum From Obama and Clinton at this same stage of their presidency. These numbers highlight the challenge Biden faces with voters next November.

Meanwhile, the president’s aides believe that key economic indicators have shown promising signs of improvement recently, which they believe will benefit the president in the coming months and help turn around his approval ratings. To try to capitalize on this momentum, the White House has expanded the way Biden communicates his economic message by having him engage directly with Americans on specific issues, including student loan debt and small business governance.

“We’ve mixed up the events, so the president is speaking to people individually,” the White House official said.

This article originally appeared on www.cnbc.com

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