Kamala Harris Has Raised $1 Billion Since Entering 2024 Presidential Race

Source: lurkity_mclurkington

42 Comments

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  2. lurkity_mclurkington on

    Behind the paywall:

    No presidential candidate is believed to have ever raised so much money so fast after entering a race. The campaign has stopped trumpeting its fund-raising totals to keep Democrats from becoming complacent.

    By Shane Goldmacher and Maggie Haberman
    Oct. 9, 2024
    Updated 2:00 p.m. ET

    Vice President Kamala Harris has raised more than $1 billion in less than three months as a presidential candidate, according to three people with knowledge of her fund-raising haul, a remarkable sum of money that has remade the race against former President Donald J. Trump.

    The $1 billion haul, which encompasses money raised for her campaign and affiliated party committees, including the Democratic National Committee, is being spent on a wave of television and digital advertising and an expansive operation of offices and staff in the seven battleground states and beyond. The historic sum does not include money donated to allied super PACs.

    The Harris campaign declined to comment. The campaign has yet to announce how much it raised in September, partly out of concern that bragging about the gush of donations could diminish donor interest in the race’s final weeks, people briefed on the strategy said. The Harris campaign also remains concerned about the ability of billionaire-funded Republican super PACs to impact the race.

    The federal reports detailing the fund-raising totals for September are required to be made public later this month.

    The $1 billion threshold is more than Mr. Trump has announced raising in all of 2024. He has raised around $853 million this calendar year in concert with the party, according to a tally of his campaign’s public statements.

    Past presidential candidates, including Joseph R. Biden and Mr. Trump four years ago, have raised more than $1 billion together with their parties. Mr. Trump announced surpassing that mark in July 2020 after he had been raising funds for his re-election for multiple years.

    It is the sheer speed with which Ms. Harris has reached that mark that is notable. No presidential candidate is believed to have ever raised so much money so fast after entering a race. Of course, no one in modern political history has replaced a party’s presumptive nominee in the middle of the general election.

    She is expected to easily double the $160 million that Mr. Trump raised in September. She raised $72 million in just three events late last month:$27 million at a single event in New York and then $55 million across two California events.

    The sums are so large because both candidates are raising funds into jumbo committees that can collect checks of more than $900,000 by including state parties nationwide and the national party.

    Ms. Harris hit the $1 billion mark in less than 80 days, according to the people with knowledge of her haul, who were not authorized to speak publicly about it.

    After she replaced President Biden as the de facto Democratic nominee on July 21, the outburst of online donations was organic and enormous. Ms. Harris raised $200 million in her first week — more than Mr. Biden had raised with the party in the last six months of 2023.

    In fact, Ms. Harris has raised so much money that, in an unusual move in early September, she directed her joint accounts with the party to send $25 million to other party committees focused on down-ballot races for the House, Senate, governor and event state Legislatures.

    Much of the funds have come from online contributors.

    In the 80 full days since she declared her candidacy, the Democratic donation platform ActBlue has processed about $1.5 billion in contributions to Democratic candidates and causes, compared to $587 million ActBlue had received in the preceding 81 days, according to the site’s online tracker.

    Ms. Harris’s fund-raising has been led by the same team that had been previously raising money for Mr. Biden.

    Colleen Coffey and Michael Pratt are her finance co-directors, focusing on raising money from larger donors. Jessica Porter is her grass-roots fund-raising director, who oversees the online operation. Rufus Gifford is the finance chair for the Harris-Walz campaign and Chris Korge is the finance chair for the Harris Victory Fund with the party.

    Ms. Harris has supplemented that team with several new fund-raisers with close ties to her, including Stephanie Daily Smith, Stefanie Roumeliotes and Kristin Bertolina Faust, who she named a co-finance chair with Mr. Gifford.

  3. I’m not impressed; these aren’t votes. Let’s show them what the wealth of record-breaking votes looks like

    **Vote BLUE and bring a friend or two!**

  4. SacamanoRobert on

    That’s a remarkable feat. I hope it’s a sign of things to come. Dollars don’t equal votes, but they sure paint a picture about voter enthusiasm.

  5. She’s the first politician I’ve ever donated to. The day Biden dropped out I donated fifty bucks to her. The embroidered Chappell Roan hat restocked a week or so ago, so I bought one for myself and my mom since she’s stoked about her running.

    Felt cute, might donate more later 😘

  6. She could have raised 83 kazillion dollars and it will be meaningless if she isn’t getting out a message that’s hitting home with voters.

    Right now it’s at best 50/50 that her message is hitting

  7. Kamala Harris’s rapid fundraising success shows she’s a strong contender in the 2024 race, but we need to see if this momentum translates into votes—money alone doesn’t win elections.

  8. The majority of Americans clearly want Harris over trump. But, due to the electoral college, it is not that simple.

    We have a truly fucked up election system.

  9. Elegant_Plate6640 on

    One thing I kind of want to say. Even if Harris loses, can we please get behind shorter presidential campaigns?

    I’ve been very pleased with the Democratic Party’s approach, most of their messaging and collaboration, it’s not perfect, but at least it’s not perfect for a shorter amount of time that we can maintain interest in, rather than fizzling out half a year in.

  10. Talk about bringing a bazooka to a knife fight. Seems to be an overkill, hope it doesn’t backfire strategically speaking.

  11. At the end of the day, the only real metric are the votes.

    Make sure to vote, America!!

  12. arthurdentxxxxii on

    Glad she’s doing well and I hope she wins.

    But I wish our elections weren’t so expensive. That billion dollars and how ever much Trump has spent could have done a lot of good if used for citizens.

  13. That’s disgusting tbh. A billion dollars for any politician shouldn’t be allowed. Do we get a refund if she loses or wins?

  14. Not sure where it’s all going. I watch football all weekend and see the ‘Kamala spent tax payer money for this transgender surgery’ ads non stop. Apparently viewers of the most popular sport in the country are not planned to be part of the Harris coalition.

  15. That’s great, but the only ads I’ve ever seen from Kamala are ones asking for more money.

  16. ShitDirigible on

    And ill keep donating until she’s sworn in.

    Ive never donated to anyone. Ever. In the more than 2 decades ive been able to vote.

  17. FrostingFun2041 on

    The fact that politicians can raise and spend a billion in less than a year is absolutely sickening no matter what party is doing it. Nobody should be okay with it. I get why, but it’s still gross. Hey, middle class, if you need anything sorry ain’t in the budget. We have money for war, though, so chin up!

  18. Consistent-Poem7462 on

    If you think a politician can raise enough money to almost be a fortune 500 company and NOT owe a lot of favours … I got some news for you

  19. Kind-City-2173 on

    Absolutely ridiculous. Nothing to with Harris but we spend way too much time and money campaigning for president and other key races.

  20. Wonder-Machine on

    America spends so much on elections. Just think of all the good it could do. Instead it’s just annoying ads and yard signs that change no one’s mind.

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