If you were eagerly waiting for the opportunity to purchase tickets for the Joseph R. Biden Presidential Library, you might want to pump the brakes.
The former president, largely remembered for his rapidly declining physical and cognitive health, accompanied by his incoherent rambling and nonsensical policy goals, risks being forgotten as plans for a library look increasingly bleak.
The U.K.’s Daily Mail reported Wednesday that the Joe and Jill Biden Presidential Library Foundation, according to tax documents from 2024, has just $4 million in funds. That’s all money left over from the former president’s failed campaign that year. It hopes to raise $11.3 million, but the total still seems modest for a presidential library.
In comparison, the Chicago Sun-Times reported the Barack Obama Presidential Center had a price tag of $1 billion.
Similarly, the Washington Examiner puts the estimate for a Donald Trump Presidential Library at $1 billion.
The lack of funds speaks to the sentiment amongst Democratic donors, who aren’t too enthusiastic about the idea.
“No real library will ever be built,” one said. “Sadly, for him, that ship has sailed.”
