Vice President Kamala Harris' presidential campaign and its associated political committees raised $1 billion since she became the Democratic nominee in July.
Following her assumption of the candidacy on July 21, contributions to her campaign and affiliated political action committees surged at an extraordinary rate. On the very day she was named the candidate, Harris brought in $25 million and quickly accumulated $500 million within just a month.
In comparison, former President Donald Trump and the Republican Party secured $130 million in August, ending that month with $295 million in cash reserves. Meanwhile, Harris and the Democrats reported a total of $404 million in funds available.
Despite the significant fundraising efforts, recent polling from Reuters/Ipsos indicates that Harris' lead over Trump has narrowed nationally, making the race highly competitive in various key states.
The surge of donations reflects the heightened enthusiasm among supporters as the November 5 election approaches, with funds earmarked for advertising, operational activities in pivotal states, and staffing.
Read next
09:36
"A defeat does not mean we're defeated," US President Joe Biden told disappointed Democrats after Donald Trump's election win. He urged Americans to "bring down the temperature."
14:34
Mexican President Claudia Sheinbaum congratulated Donald Trump on his election victory, calling for dialogue and respect for sovereignty. She expressed confidence in strong U.S.-Mexico relations and reassured the public despite market instability.
13:54
Elon Musk stands to gain from his ties to President-elect Trump, with Tesla shares surging post-election. Trump's policies, including deregulation and tariffs on Chinese imports, could benefit Musk’s businesses, including Tesla and SpaceX.
13:06
Trump's Republicans are set to gain control of Congress, pushing an agenda of tax cuts, border security, and deregulation. However, their plan could add trillions to the national debt, challenging their goal of reducing the $35 trillion deficit.
12:51
Donald Trump secured a sweeping victory in the 2024 election, defeating Vice President Kamala Harris in a polarizing race. Despite facing multiple criminal charges, Trump’s campaign resonated with voters demanding change, positioning him for a return to the White House on January 20.
What is your opinion on this topic?
Leave the first comment