Historic flood of cash pours into Harris campaign and allied groups - News Summed Up

Historic flood of cash pours into Harris campaign and allied groups


Democrats reported raising more than $250 million since Biden announced he was leaving the presidential race and endorsed HarrisWeeks of pent-up Democratic panic gave way to a historic flood of campaign cash for likely presidential nominee Vice President Harris this week, as allied groups reported massive fundraising hauls amid donor elation. The coordinated Harris campaign reported Tuesday morning that they had raised more than $100 million from 1.1 million donors in the first 41 hours after President Biden announced he was stepping aside. FF PAC, also known as Future Forward, the largest outside group supporting Biden, announced $150 million in commitments in the first 24 hours after Biden's Sunday afternoon announcement. Some funds had been withheld during the weeks of concern over Biden's path to victory after his stumbling, confused performance at a June 27 debate prompted calls to drop out. But major donors and fundraisers reported a newfound energy, both in donations to political groups that report the contributions and to nonprofits that do not, which are funding much of the organizing effort in key states that will benefit the Democratic candidacy.


Source: Washington Post July 24, 2024 02:59 UTC



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