Biden was scheduled to take part in two Los Angeles fundraisers anticipated to incorporate administrators Steven Spielberg and Rob Reiner and musicians Barbra Streisand and Lenny Kravitz. The California swing is a part of a blitz of at the very least 9 fundraisers Biden will maintain earlier than the tip of the month.
The fundraisers in California and an earlier spherical in Boston are anticipated to lift at the very least US$15 million, in keeping with a supply accustomed to the occasions, who spoke on situation of anonymity. The entire haul within the fourth quarter of 2023 is anticipated to be near US$67 million, the supply mentioned, including that the quantity might be just like that raised by then President Obama throughout the identical interval in 2011.
Katzenberg, who helps to prepare one of many fundraisers, mentioned the ultimate quantity was nonetheless fluid.
“The quantity is huge. I do know that,” mentioned Katzenberg, who co-founded DreamWorks Animation.
Biden stopped briefly in Las Vegas on Friday to announce US$8.2 billion in funding for ten new passenger rail tasks.
“Trump simply talks the speak. We stroll the stroll,” Biden advised a crowd of unionised carpenters there. “He likes to say America is a failing nation. Frankly, he would not know what the hell he is speaking about. I see shovels within the floor, cranes within the sky. Folks onerous at work rebuilding America collectively.”
The tasks, funded by the US$1 trillion infrastructure legislation, embody US$3 billion for the nation’s first high-speed rail line, which can run by means of California, in keeping with a senior administration official.
Biden additionally introduced a US$3 billion funding to assist create one other high-speed rail hall between Las Vegas and Southern California, together with cash for tasks in North Carolina, Virginia and Washington.
Biden has spent the final yr crisscrossing the nation saying new funding tethered to his signature items of laws: the infrastructure legislation, the Chips and Science Act and the Inflation Discount Act.
It’s a part of a bid to spice up his ballot rankings and persuade voters he’s the appropriate individual to guide the US economic system, however latest public opinion polls present the trouble has had little success.