Kamala Harris raises over $1 billion for campaign, says source
Vice President Kamala Harris has been making waves in the fundraising world since entering the presidential race, with her campaign raising an impressive $1 billion. This incredible achievement has been the result of a donation windfall in the three months following Harris becoming the Democratic nominee.
One significant milestone was the 24-hour period after President Biden’s announcement that he was dropping out of the race, where the campaign raised a staggering $81 million. This amount continued to climb, reaching over $100 million by the end of July 22. August brought even more success, with the campaign raising $361 million, bringing the total to more than $615 million since Harris joined the race.
Despite this impressive fundraising total, concerns have arisen about the influence of billionaires pouring money into Pro-Trump Super PACs as Election Day approaches. The campaign is particularly focused on battleground states like Pennsylvania, where Republican groups have spent over $222.5 million on ads about the presidential race. Democratic groups have countered with $275.1 million in ad spending, maintaining a slight advantage.
The Harris campaign plans to heavily invest its resources in battleground-state advertising and operations, including field offices and staffing, over the next four weeks. This strategic move aims to capitalize on the cash advantage they have established over the Trump campaign. In August alone, Harris brought in around $230 million more than her opponent, resulting in a $100 million lead. The Trump campaign reported raising $160 million in September.
Despite the strong financial position of the Harris campaign, it remains vigilant about the potential impact of wealthy donors supporting Pro-Trump Super PACs. The campaign is withholding the fundraising totals from September, as it fears that announcing a large sum could diminish donor interest in the crucial weeks leading up to the election. Official reports are expected to be publicly available in mid-October, shedding light on the campaign’s latest financial achievements.
Overall, Vice President Harris’s fundraising success reflects a significant milestone in her presidential campaign, positioning her campaign favorably as the election draws near. With a strategic focus on battleground states and a diligent approach to financial management, the Harris campaign is well-prepared for the final stretch leading up to Election Day.
