Biden Has Raised Little of What He Needs to Build a Presidential Library
Biden Has Raised Little of What He Needs to Build a Presidential Library
His library foundation has told the I.R.S. that by the end of 2027 it expects to bring in just $11.3 million — not nearly enough for a traditional presidential library.
Read the full article on NY Times Politics
Truth Analysis
Analysis Summary:
The article's claim about the fundraising progress of Biden's presidential library appears to be based on information provided to the IRS. However, the limited number of verification sources makes it difficult to fully assess the accuracy and potential for selective reporting. The article may have a slight negative slant due to its focus on the fundraising shortfall.
Detailed Analysis:
- Claim: The library foundation expects to bring in just $11.3 million by the end of 2027.
- Verification Source #0: The article states that 'His library foundation has told the I.R.S. that by the end of 2027 it expects to bring in just $11.3 million.'
- Assessment: Unverified. While the article attributes this information to the library foundation's report to the IRS, no independent source confirms this specific figure. Source 4 mentions Biden choosing Delaware for his library but doesn't discuss fundraising.
- Claim: This amount is not nearly enough for a traditional presidential library.
- Verification Source #0: The article states that $11.3 million is 'not nearly enough for a traditional presidential library.'
- Assessment: Unverified. The article makes a value judgement about the adequacy of the funds. None of the provided sources offer information about the typical costs associated with presidential libraries.
Supporting Evidence/Contradictions:
- The primary claim regarding fundraising is based on the library foundation's report to the IRS, which is not independently verifiable through the provided sources.
- Source 4 confirms Biden's choice of Delaware for his presidential library, but does not provide information about fundraising.