vice president Kamala HarrisThe presidential campaign operation passed the $1 billion fundraising mark in September, two months after taking over as the Democratic Party’s 2024 standard-bearer, according to two people familiar with the figures.
That figure includes money raised by the campaign committee itself and a joint campaign fundraising committee that raises cash for the Democratic National Committee and state parties.
The astonishing pace suggests Harris has been able to sustain enthusiasm among donors big and small as the campaign winds down to the Nov. 5 election. But it comes amid a historic onslaught of outside spending by super PACs and other groups affiliated with the Harris campaign — particularly in direct mail, where the Harris campaign has seen Republicans open big advantages in recent months, and where groups like Elon Musk’s super PAC and others have previously are working to elect voters for President Donald Trump.
Meanwhile, public polling of the race shows a finely balanced contest, with little separating Harris and Trump in key states that will ultimately decide the 2024 election, and one swing voter still waiting to make up his mind based on something they see. the last four weeks.
Presidential campaigns attract more money as the election approaches, but a clip of nearly half a billion dollars a month is not unheard of. Biden’s campaign has raised just over $1 billion for the entire 2020 election cycle, including a competitive primary and outside groups that contributed another $580 million. According to the Center for Responsive Politics.
Harris has opened up a big money lead over Republican challenger Trump, who has raised just $309 million for his campaign through the end of August.
Republican super PACs are helping fill the gap, spending more than $80 million on television ads nationwide in September, according to AdImpact, an ad-tracking service. The biggest GOP groups have more than $100 million in advertising earmarked for recent weeks.
More money is poured into online, mail and door-to-door campaigns.