President Biden Announces Withdrawal from 2024 Election
Presidential hopeful announces decision in letter to congressional Democrats
Current polling suggests a close race
The 2024 presidential election is 107 days away, and President Biden has announced he will not be running for reelection. The announcement was made in a letter sent to congressional Democrats on Sunday afternoon. In the letter, Biden said that he believes it is in the best interest of his party and the country for him to step aside.
The decision comes as Biden faces declining poll numbers and speculation that he would face a challenge from within his own party. According to a recent poll, Biden's approval rating is at 38%, and only 31% of Americans believe the country is on the right track.
Despite the challenges, Biden has also faced positive developments in recent months. The unemployment rate has fallen to 3.6%, and the economy has shown signs of improvement. However, inflation remains a major concern for many Americans, and the war in Ukraine continues to weigh on the global economy.
The presidential election is still very much up for grabs, and Biden's withdrawal could open the door for other candidates to enter the race. Former President Donald Trump has hinted that he may run again, and several other potential candidates are also considering a run.
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