Kamala Harris Campaign Raises $500M in Just One Month

Kamala Harris's campaign has achieved a major financial milestone by raising $500 million within a single month. This substantial fundraising effort highlights the strong support and momentum behind her political movement, positioning her as a formidable candidate. The impressive sum reflects broad donor enthusiasm and could significantly impact her campaign's ability to compete in the upcoming election.

Four individuals with knowledge of the fundraising effort informed Reuters that the amount had been secured for Harris in the four weeks following her entry into the race on July 21.

U.S. Vice President Kamala Harris's campaign has secured approximately $500 million since she became the Democratic presidential nominee, according to sources who spoke with Reuters. This record-breaking fundraising achievement underscores the enthusiasm of donors as the November 5 election approaches.

Four sources familiar with the fundraising efforts mentioned that this amount was accumulated within the four weeks after Harris entered the race on July 21.

Campaign funds are vital for advertising and voter mobilization efforts, which play a crucial role in driving voter turnout and swaying undecided voters.

Harris joined the race after President Joe Biden stepped down from the top of the Democratic ticket, which reignited a surge of donations that had dwindled after Biden's poor debate performance against Republican Donald Trump.

In her first week of campaigning, Harris raised $200 million and swiftly garnered support to become the party’s nominee.

In July, Harris’s team raised $310 million, bringing the combined total for her and Biden, before he withdrew, to over $1 billion—a record-breaking pace for reaching that fundraising milestone, according to her campaign.

Trump's campaign reported raising $138.7 million in July, with $327 million in cash on hand, surpassing Biden's fundraising in the second quarter.

Harris’s momentum continued into August, with donations from small donors and large crowds attending her rallies in key swing states. By July, Harris had $377 million in cash on hand.

During the 2020 election cycle, Biden’s campaign committee raised $1.04 billion, or $1.62 billion when including outside groups, as reported by OpenSecrets, an organization that monitors political funding.

On the first night of the Democratic National Convention in Chicago, Harris praised Biden, who highlighted his achievements and urged voters to support Harris and her running mate, Minnesota Governor Tim Walz, in November.

Former President Barack Obama, another major fundraising figure, is set to speak at the convention on Tuesday night, while Harris campaigns in Wisconsin. Obama has participated in high-profile fundraisers with Biden and has offered to assist Harris in additional fundraising efforts.

Harris often refers to herself as an underdog in the race against Trump, aiming to keep her supporters and donors engaged and motivated.

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Source: NDTV‍