Biden Plots 2024 Presidential Run — and Trump Rematch

President Joe Biden boards Air Force One at Andrews Air Force Base, Md., Wednesday. Biden was traveling to Kiawah Island, S.C., for vacation. (AP Photo/Manuel Balce Ceneta)

WASHINGTON (Bloomberg News/TNS) — President Joe Biden is preparing to launch his re-election bid in the months after November’s midterm congressional elections, according to multiple aides and allies, setting up a potential 2024 rematch with former President Donald Trump.

Biden’s resolve to mount a second White House bid is hardening even with polls showing most Democrats would prefer a candidate other than the 79-year-old president. But those close to Biden describe him as buoyed by recent legislative, economic and foreign policy victories and committed to again deny Trump a return to the Oval Office.

“The president has said he’s planning on running again,” said Anita Dunn, a longtime aide who recently returned to the White House. “People should take him at his word.”

Three congressional Democrats have recently suggested Biden make way for a younger successor, while several more have pointedly declined to endorse his re-election. Biden’s approval rating is only about 40%, according to an analysis of polls by FiveThirtyEight.

But allies say Biden’s determination has grown amid revelations about Trump and his role in the Jan. 6, 2021 Capitol riot, as well as the former president’s continued embrace by Republicans. This week, FBI agents searched Trump’s Mar-a-Lago estate in Florida as part of a probe into whether he removed classified documents from the White House, and Trump was deposed by New York’s attorney general over claims his businesses misled lenders.

Biden frequently notes polls that show him defeating Trump head-to-head in a 2024 matchup, and believes he won the Democratic nomination in 2020 because he represented the best chance to remove the former president from power. 

But in a potential rematch, Biden would be the incumbent, defending his record both on the economy and overseas while fending off Trump and his still formidable and energized base of supporters.

Biden may also not face Trump, should the former president, who is 76, opt against a run or lose a primary challenge from a rising and younger Republican.

During a meeting with Democratic Party activists earlier this month, Biden said he worried that the risk to democracy “hasn’t diminished; if anything it’s grown.” Biden added he could not think of anything more important than making sure the party was in a position to win both the midterms “as well as 2024.”

“He thought he was the only person who could beat Donald Trump when Trump ran for re-election, and he was right,” said Cedric Richmond, a former congressman and White House aide who has moved to the Democratic National Committee (DNC) to help coordinate political efforts.

“It is clear-cut that he’s our best candidate,” he added, dismissing concerns among Democrats about Biden’s age or popularity as “annoying and distracting.”

Biden, recently recovered from COVID-19, is planning a more aggressive domestic travel schedule and more campaign-style events like town halls. 

The strategy is primarily designed to promote Biden’s legislative achievements ahead of November. But it’s also aimed at subtly addressing concerns about Biden’s age that hang over his presidency and have prompted speculation about whether he would mount another campaign.

Representative Carolyn Maloney of New York said during a Democratic primary debate earlier this month that she didn’t believe Biden would seek re-election. She later apologized and said she wanted him to run again. 

Minnesota Representative Dean Phillips answered “no” in a radio interview last month when asked if he’d support Biden in 2024. Another Minnesota representative, Angie Craig, backed Phillips in an interview with the news organization MinnPost and said the country needs a “new generation” of Democratic leaders. 

Other prominent Democrats, including Senator Joe Manchin of West Virginia and Representative Alexandria Ocasio-Cortez of New York, have declined to endorse Biden’s re-election. Last weekend, New York Times columnist Maureen Dowd implored Biden to “leave on a high.”

Congressional aides and Democratic allies say that for many lawmakers, the public equivocation is simply a way to create distance from the White House in a particularly tough political environment and not representative of an actual break between Biden and his party. 

Still, three-quarters of Democrats polled by CNN last month said they wanted a different candidate in 2024, and a quarter of Democratic voters said they didn’t think Biden could win again.

Biden and his aides have been careful to caveat answers about whether he’ll run again by saying that a decision isn’t final and could depend on his health. But the caution isn’t rooted in concern over the president’s ability to serve a second term in his 80s. Instead, aides say, they are worried that publicly declaring before the midterms could trigger legal restrictions on fundraising. As a declared candidate, the DNC could also be responsible for a larger share of the cost of presidential travel to certain events.

Prospects both for Biden’s party in November and his own re-election have lately improved thanks to a series of political victories. He signed the first gun-safety law in decades, as well as a measure authorizing billions of dollars in subsidies for U.S. semiconductor manufacturing. A $437 billion package to curb climate change, lower prescription drug prices and raise taxes on corporations is headed for Biden’s desk.

Late last month, he ordered a drone strike that killed al-Qaeda leader Ayman Al-Zawahiri. Recent inflation and jobs data suggest continued strong economic growth and a tempering of gas and food prices.

Biden’s allies expect those developments to pay political dividends, and they point out that incumbent leaders across the globe are unpopular due to a worldwide struggle with post-pandemic inflation and the war in Ukraine. But they say that the president will prevail when weighed against a Republican like Trump.

“If he says he’s planning on running, he’s running,” Richmond said. “And if he runs, he wins.”

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