Vice President and Democratic presidential candidate Kamala Harris arrives for a campaign event at the Dort Financial Center in Flint, Michigan, on October 4, 2024.
Jeff Robbins | AFP | Getty Images
Vice President Kamala HarrisThe presidential campaign surpassed the $1 billion fundraising threshold in September, two months after she took over as the Democratic Party’s 2024 standard-bearer, according to two people familiar with the matter.
That figure includes money raised by the campaign committee itself and the campaign-affiliated joint fundraising committee, which also raises cash for the Democratic National Committee and state parties.
The stunning development shows that Harris can maintain enthusiasm from donors large and small as the campaign enters the sprint before the Nov. 5 election. But at the same time, outside spending by super PACs and other groups tied to the Harris campaign is undergoing a historic onslaught, particularly on direct mail, which has seen the Republican Party in recent months On the field side, groups have made huge gains on direct mail.
Meanwhile, public polls of the race show a delicate balance, with Harris and Trump barely evenly matched in key battleground states that will ultimately decide the 2024 election, while a small group of swing voters are still waiting to be confirmed. Make decisions based on what they see.
Presidential campaigns tend to get more money as an election approaches, but taking in about $500 million a month is unheard of. Biden’s campaign raised just over $1 billion throughout the 2020 election cycle, including competitive primaries, with affiliated outside groups raising another $580 million. According to the Center for Responsive Politics.
Harris has a huge cash advantage over her Republican rival, Trump, whose campaign had raised just $309 million as of the end of August.
Republican super PACs are helping to fill the void, spending more than $80 million on television ads nationwide in September, according to ad tracking service AdImpact. The largest Republican groups have set aside more than $100 million in advertising for the final weeks.
Yet more money is being poured into online, mail and door-to-door campaigns.