Vice President Kamala Harris and her political team have raised an impressive $1 billion since she entered the presidential race in late July, according to sources familiar with the figure. This milestone demonstrates a significant fundraising achievement in her campaign against former President Donald Trump. While other presidential candidates and their parties have surpassed the $1 billion mark in previous elections, Harris has reached this milestone at a rapid pace, indicating how her rise to the top of the Democratic ticket has transformed the financial landscape of this year’s White House contest. Sarah Bryner, research director at OpenSecrets, a nonpartisan group that tracks money in elections, noted that Harris has accomplished something unprecedented in her fundraising efforts.
The significant increase in fundraising has enabled Harris to surpass the amounts collected by Trump’s campaign, which announced collecting around $430 million in conjunction with the Republican Party between July and September. OpenSecrets researchers suggested that if this trend continues, Trump could struggle to match the fundraising totals of his 2020 campaign. To bridge the financial gap, outside super PACs funded by wealthy Republicans have been supporting Trump. For example, a Trump-aligned super PAC, Make America Great Again, Inc., has been a dominant player in outside spending for the presidential race. Additionally, a super PAC connected to Elon Musk, the world’s richest person and a high-profile Trump supporter, has invested over $79 million in this year’s elections.
The Harris campaign declined to comment on the $1 billion fundraising figure, but they are expected to report full details of their September fundraising and spending to the Federal Election Commission later this month. The rapid pace at which Harris’s campaign has raised this massive amount of money showcases her strong support and the level of enthusiasm surrounding her run for the presidency. This extraordinary fundraising achievement underscores the substantial financial resources available to Harris as she continues her campaign against Trump.
The $1 billion fundraising figure for Harris was initially reported by NBC News, further emphasizing the magnitude of her fundraising success. This accomplishment highlights the significant financial backing that Harris has received, allowing her campaign to maintain a competitive edge in the race for the presidency. With the support of a strong fundraising base and a rapidly growing campaign war chest, Harris is well-positioned to take on Trump and his political operation as they navigate the final stretch of the presidential race. As the November election approaches, the substantial fundraising success of the Harris campaign serves as a testament to the broad support and momentum she has built within the Democratic Party and among voters across the country.
