Biden announces his withdrawal from the presidential race

1. Official Announcement: President Joe Biden announced he is dropping out of the 2024 presidential race. This decision is significant as it marks the first time since Lyndon B. Johnson that a sitting U.S. president has chosen not to seek reelection.

2. Reason for Withdrawal: The decision follows a particularly challenging debate performance against former President Donald Trump, which raised concerns about Biden’s age and his ability to effectively campaign.

3. Political Reactions: The announcement has caused a major upheaval within the Democratic Party. Biden’s endorsement of Vice President Kamala Harris as his preferred candidate for the Democratic nomination is a key development.

4. Impact on the Election: This development drastically alters the dynamics of the 2024 election, potentially opening the field for other Democratic candidates and impacting the strategies of both parties.

5. Historical Context: Biden’s withdrawal is unprecedented in modern political history, creating a unique scenario just months before the election.