The President of the United States of America (USA), Joe Biden has dropped out of the race for the 2024 Presidency.

America will go to the polls in November, and as a result, all the political parties have put in place the necessary measures for victory.

In a statement, he indicated that over the past three and a half years, they have made great progress as a Nation.

He said “Today, America has the strongest economy in the world. We’ve made historic investments in rebuilding our Nation, in lowering prescription drug costs for seniors, and in expanding affordable health care to a record number of Americans”

“We’ve provided critically needed care to a million veterans exposed to toxic substances. Passed the first gun safety law in 30 years. Appointed the first African American woman to the Supreme Court. And passed the most significant climate legislation in the history of the world. America has never been better positioned to lead than we are today,” he added.

According to him, “I know none of this could have been done without you, the American people. Together, we overcame a once-in-a-century pandemic and the worst economic crisis since the Great Depression. We’ve protected and preserved our Democracy. And we’ve revitalized and strengthened our alliances around the world”

President Biden added that it has been the greatest honour of his life to serve as your President and while it has been his intention to seek reelection, he believes it is in the best interest of his party and the country for him to step down and to focus solely on filfilling his duties as President for the remainder of his term.

He further added that “I will speak to the Nation later this week in more detail about my decision. For now, let me express my deepest gratitude to all those who have worked so hard to see me reelected.”

“I want to thank Vice President Kamala Harris for being an extraordinary partner in all this work. And let me express my heartfelt appreciation to the American people for the faith and trust you have placed in me. I believe today what I always have: that there is nothing America can’t do when we do it together. We just have to remember we are the United States of America,” his statement concluded.

Historically, a party’s presidential nominee has never stepped out of the race so close to the election. The 36th president of the United States, Lyndon Johnson, besieged by the Vietnam War, announced in March 1968 that he would not seek another term after just a single state’s primary.

Biden’s July decision comes after more than 14 million Democrats cast votes supporting him through the primary process.