Liberal think tank Third Way has issued a warning to Joe Biden that a third-party organization could jeopardize his presidency. Centrist political group “No Labels” has suggested forming a third-party ticket that would be bipartisan, and Third Way believes it could attract voters away from Biden.

No Labels claims that the President and the Republican nominee will both be “unacceptable” and that their moderate candidate has an opportunity to win and serve as an “insurance policy” against extremism in the 2024 election. Third Way argues that this is not feasible and instead will contribute to Biden’s defeat.

The think tank alleges that No Labels is proposing a spoiler who would help elect a Republican nominee or a Trump-like Republican and that no third-party candidate would have a chance at winning the White House. Third Way further asserts that Biden is a “moderate” candidate and that No Labels’ strategy is misguided. “Definitely people are thinking about how to prevent that nightmare scenario,” a national Democratic strategist told reporters.

The warnings come as Biden faces another round of bad news following a series of polls that found voters do not want him to run for re-election in 2024. According to a new Yahoo News/YouGov poll, a majority of registered voters believe Biden is “too old for another term” in office, with nearly 70% admitting that the President’s age is a problem for them.

The poll shows that more Democrats than Republicans believe his age is an issue, with just 34% of Democrats saying it is not a concern. Already the oldest president in US history, Biden would be 86 by the end of his second term if he were to win re-election in 2024.

In early February, an AP-NORC poll found that only 37% of Democrats supported Biden for a second term, down from 52% in November 2020. Many believe that the 80-year-old’s age is a liability, focusing on his coughing, gait, gaffes, and the possibility that the world’s most stressful job would be better suited for someone younger. While 41% approve of how Biden is handling his job as president, only 22% of US adults overall say he should run again, down from 29% who said so before last year’s midterm elections.

The potential threat of a third-party candidate and Biden’s age-related issues may complicate his potential run for re-election, with some strategists already thinking about how to prevent a “nightmare scenario.”

Sources: ConsevativeBrief, TheDailyCaller, Yahoo News/YouGov poll, New York Post, Associated Press